GBPJPY Can Face Resistance Near 149.00

GBPJPY is moving sharply to the upside and even accelerating above 146.00.

GBPJPY is moving sharply to the upside and even accelerating above 146.00 that we see now as an ongoing five-wave move within wave C.

As such, there is room for 149.00 where three wave corrective recovery from August low can come to an end. From there a new three-wave minimum reversal can follow.

GBPJPY, 4h

STOCKS IN THIS ARTICLE

Also Mentions:

Comments