FX:GBPJPY   British Pound/Japanese Yen
GBPJPY             remains clearly bullish on Weekly chart.
On the Daily chart we see price turning higher again after a correction pattern in wave (4).
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HI, Thank you for sharing your analysis in GBPJPY.

Just wondering why that if (4) on your charts is correct, why you appear to have wave 3 without the look of 5 minor waves compared with wave 1. Might you be seeing ending diagonal in this case which could fit better and which could be very close to completion?
+1 Reply
Hi,
Actually pair can already be at wave 4 if we consider that wave 3 has finished on may 12.
Reply
Looking good. Thanks. I have that on the 120M chart so this is very helpful indeed.
+1 Reply
ew-forecast PRO frankm.internetsavvy
No problem, FrankM
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