GBPJPY- continue

Currently we are @ 1.3132 in a 5th wave. We are looking to continue initially to the S3 Support @ 1.3082 and then to the S4support @ 1.2997. The overall target is the S5 @ 1.2849 and expect that is its termination. The average daily true range (ATR) for the pair currently is 133 pips.