GBPJPY has always been resilient for the past 5 years as far its upward trajectory goes -- registering only 3 technical corrective phase since March of 2020 -- then proceeding for further price growth every after corrective seasons.
After touching its parabolic high of 208, pair hibernated healthily back to demand zone to 0.5 fib levels.
Now, the pair is on its 3rd corrective phase since 2020 which has started last July 2024.
Based on our diagram above, this month June 2025 it finally registered its first bear clearance in more than 2 years - conveying of a massive shift in trend. last time this signal surfaced was on April 2023, which has produced a 3000 pips rise thereafter.
Expect some significant ascend series from hereon pricewise after this major shift.
The north journey has started during its low retest of 0.5 FIB levels at 180.0 price zone -- now, already up 1600 pips from that price tap.
This 0.5 fib retest has been historically been a strong support for GBPJPY. This is where most buyers converge based on long term metrics.
More price growth is expected in the next few weeks with weighty targets up there (about 3k pips). Its not overnight but you know the directional context.
Spotted at 195.0
Mid Target previous peak at 208.0
Long term target: 225.
After touching its parabolic high of 208, pair hibernated healthily back to demand zone to 0.5 fib levels.
Now, the pair is on its 3rd corrective phase since 2020 which has started last July 2024.
Based on our diagram above, this month June 2025 it finally registered its first bear clearance in more than 2 years - conveying of a massive shift in trend. last time this signal surfaced was on April 2023, which has produced a 3000 pips rise thereafter.
Expect some significant ascend series from hereon pricewise after this major shift.
The north journey has started during its low retest of 0.5 FIB levels at 180.0 price zone -- now, already up 1600 pips from that price tap.
This 0.5 fib retest has been historically been a strong support for GBPJPY. This is where most buyers converge based on long term metrics.
More price growth is expected in the next few weeks with weighty targets up there (about 3k pips). Its not overnight but you know the directional context.
Spotted at 195.0
Mid Target previous peak at 208.0
Long term target: 225.
Note
So far so good since our post. We are now at 198.0More rise to go.
Note
Almost at 200 now.Congrats holders.
More rise ahead.
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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.
Disclaimer
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.