Elliott wave analysis of GBP/JPY for June 9, 2020
The correction from the 137.74 peak is unfolding as expected. We have already seen the 23.6% corrective target at 137.66 being exceeded. The pair may rise to support in the 136.33 – 137.10 area. A decline to the 38.2% corrective target at 136.33 is unlikely to occur. The pair may rally back to the peak […]