GBPJPY has been trading bullish for a while now, we are currently on a fifth wave phase on a higher timeframe. Of course, we know that wave 5 is a motive wave meaning it can be an impulse move or a diagonal pattern. We have a 1-2 sequence wave 2 retracing about 61,8 fibonacci level.
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.