bit.ly/2biFDsr < I've followed GBPJPY down the chart from 1960 to present day. My counting says we are in a big ABC starting from 2011. And it looks like We could have completed the B wave of the large ABC.
I expect the first 5 up very soon. Like every first wave, it's hard to convince myself the downtrend is over. Because the following 2nd wave will freak everyone out. But I look forward.