Elliott wave analysis of GBP/JPY for August 12, 2020

GBP/JPY should soon test the ideal target for blue wave iii at 140.35 from where a minor correction/consolidation closer to 139.10 and maby even closer to 137.92 is expected. Short-term minor support at 138.62 should be able to protect the downside for the expected pop to 140.35 to complete blue wave iii and set the […]