Elliott Wave Analysis: GBPJPY Intra-day View

GBPJPY is trading nicely bullish, now specifically at the end of sub-wave three of 3. Ideally a new temporary correction will show up into the following leg four and search for support at the Fibonacci ratio of 23.6 and 38.2. From there a new rally into sub-wave v of 3 can follow.

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GBPJPY is REALLY taking off! On the bigger picture we see a higher degree wave C in the making.