GBPJPY Possible short trade set up.

19 янв. 2020 г.

GBPJPY Possible short trade set up. We appear to be working and A-B-C zigzag coming off the wave 5 high at 148.000. This interpretation suggest we should in the short term see a move lower to test the 139.00 level for support. Wave 4 of the previous 5 wave move failed to break support at the 139.00 level. The 38.2% Fib retracement level of the move up from the early September high is at 139.763.