GBPUSD is still on track with last analysis:
I think GBPJPY is the more promising pair at the moment see yourself:
- Wave B was retracing to 61% fibonacci level
- We are currently in Wave C to the downside
- Wave C and therefore wave 2 could correct very deeply, if an extension of wave c happens
- First target is the 50% lvl, which is +250 pips away
- Price should drop pretty easily there before any major upside is possible.
I think GBPJPY is the more promising pair at the moment see yourself:
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.