GBP is going down, JPY is not in a hurry yet
I revised the markup. Movement down remains. The first target is 132.6, but knowing the predisposition of this pair to extended and running triples, I assume that there may be an extension in wave "c" to 128.6. Thank you for helping Ignat Borisenko!
Excuse my English.
Excuse my English.
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Apparently ended the formation of a zigzag in wave "b" and the decline began in wave "c". In this case, the wave "c" can reach the level of 136.4 - 134.6 after which the formation of the wave {c} can begin.As an alternative, I consider that at the moment a series of the first waves of the lower level has formed and wave "a" continues to form.
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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.