Elliott wave analysis of GBP/JPY for June 17, 2020

The minor correction from 136.35 seems to have been completed. We are looking for a break above minor resistance at 135.35 as confirmation for the next impulsive rally above the mini-peak at 136.35 for a continuation higher to 139.77 and to 148.32. Short-term support is seen at 134.14 with short-term support at 133.47. R3: 135.92 […]