Elliott wave analysis of GBP/JPY for July 8, 2020

GBP/JPY continues to push higher. If it breaks above resistance at 134.59, it should act as support for the next impulsive rally towards the next minor target at 136.35. In the longer term, we are looking for GBP/JPY to rally back to the 139.74 peak. If support at 134.59 is broken, strong back-up support is […]