GBPJPY is trading nicely bullish, now specifically at the end of sub-wave three of 3. Ideally a new temporary correction will show up into the following leg four and search for support at the Fibonacci ratio of 23.6 and 38.2. From there a new rally into sub-wave v of 3 can follow.
Note
GBPJPY is REALLY taking off! On the bigger picture we see a higher degree wave C in the making.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.