Elliott Wave Analysis: GBPJPY Looking Higher; Aiming For 137

FX:GBPJPY   British Pound / Japanese Yen
On the intraday chart of GBPJPY             , we are observing a nice three wave impulse from the lows at 128.55, from where a possible new bullish cycle has started. For now we think that price is trading in red wave ( iii             ) as part of a strong blue wave iii-circled. We see that price recently traded above the upper corrective channel line, which can mean that more upside is in store for this pair, and that after blue wave iii             is completed, the upper corrective channel line can act as a support for blue wave iv.

NEW Crypto Members Video
>> https://ew-forecast.com/service/
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out