Good day traders! Today’s focus will be on GBPJPY and Crude oil.
GBPJPY is making a new intra-day rise, which can be an indication that maybe blue wave two correction is completed and now sub-wave i) of three is in play. If that is the case, then more gains may follow on the pair.
GBPJPY, 1H
Crude oil is still trading sideways, now ideally in sub-wave d) of a triangle correction. Hopefully wave e) will unfold in the near-term as well and the whole correction will find support near the former wave four at the 48.50 level and make a new reaction higher.
Crude oil, 1H
