2020.11.19 Pound-Yen Exchange Rate: Today's Price Movement Prediction and Scenario

Pound/Yen Forecast — Using Indicators and Market Principles

This article is sold for 1,000 yen per month on Investment Navi.

The market principles (indicators and EA) that appear in the Elliott Wave and chart patterns in this articleFlag,Pennant, ranges andTriangle consolidation, etc., can be displayed on the chart as chart patterns and the waves and target rates of the Elliott Wave.

Please confirm the high precision of exit points in this article.

＜Pound Index — Daily Chart＞

＜Yen Index — Daily Chart＞


※ The charts use ones from https://jp.tradingview.com/.

＜Pound/Yen — Daily Chart＞

Pound/Yen 4-hour Chart with Indicators and Market Principles

Both the Pound Index and the Yen Index rose.

The Pound/Yen remained the same overall.

Although it has not yet broken out of the yellow zone consolidation, since the range is small, once it breaks out, there is a possibility of a sharp move.