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.

Trade ist aktiv:

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.