Turnmarks

GBP/JPY forecast

The forecast standing on GBP/JPY now

GBP/JPY hourly bars with the forecast drawn forward from 2026-10-09 08:00 UTC
Made — price comes back into the zone 208.25–208.49 (middle 208.37), turns up and reaches 209.10–209.35. The bright candles are what happened after; the path is drawn for shape, not schedule.

The reading takes the nearest live zone on each side of price, where there is one. Price is expected to come back into it, turn there, and travel on to the target band beyond it. It gives no date and no time.

Rebuilt before each session — 23:00, 06:00 and 12:00 UTC.

This forecast has its own page, and every GBP/JPY forecast is published as it is issued and again when it resolves: GBP/JPY feed - all markets - what else you can subscribe to.

How far a GBP/JPY pullback can go and still resume

The trend pulls back. Does it carry on, or has it turned? Measured on 5,009 GBP/JPY pullbacks since 1999 on hourly bars — 3,023 used to build the curve and 1,986 more it had never seen. Depth is measured against the swing that came before it, so a half is a pullback that has given back half the move.

GBP/JPY: how often the trend went on to a new extreme, by how deep the pullback had already gone
Pullback depthResumed
25% of the move given back73%
35% of the move given back63%
50% of the move given back49%
60% of the move given back38%
70% of the move given back28%
85% of the move given back14%
100% of the move given back0%

The halfway point for GBP/JPY is 49%: a pullback that has given back that much went on to a new extreme about half the time, so it is the depth at which this market stops being a trend that is resting and starts being a coin toss. Out of sample the curve landed 0.6 points from where it was built.

What this cannot tell you

It gives no date and no time.

If the question is really "will GBP/JPY reach this price", that is a different measurement and it has its own page: how often GBP/JPY reaches a level once it is set, by distance and within 4, 8, 24 or 48 hours.

Descriptive only, and not investment advice. Turnmarks publishes what has happened after past setups; nobody here knows what price will do next, and a page that told you otherwise would be selling you something.

The method, the calibration and the same question across 15 markets: the pullback study. Or every past marker on GBP/JPY and what followed it.

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