Elliott wave analysis of GBP/JPY for August 13, 2020

GBP/JPY is moving higher slowly. Since resistance is at 139.18, we should see that bulls resume buying GBP, but no, they are likely to buy, but in a slow-motion pace. However, we expect the 140.35 taget to be tested soon to complete blue wave iii and set the stage for a sideways consolidation in blue […]