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scorpius
Sep 25, 2020 6:59 AM

Waiting for growth Long

British Pound/Japanese YenFXCM

Description

The currency pair with a high degree of probability completed the correctional wave iv, and now we are expecting an increase in wave v for the renewal of the local maximum in the area of 142 figures.
The first confirmation of such a scenario will be a breakout of the resistance at 134.60. For aggressive traders, this can be the first signal.
The breakout of the second resistance level will become a certainty of completion of wave iv. Already here, many will look for bullish signals, and this is more logical and justified in the future. Good luck and profit to everyone.
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