2021.7.21 Pound/Yen Market Today’s Price Movement Forecast and Scenario
Note: The chart uses a chart from https://jp.tradingview.com/.
Pound-Yen 4-hour chart by Indicators and Principles of Markets
Both the Pound Index and the Yen Index are falling. The Pound/Yen remains unchanged.Currently, it is reacting near the 1/3 retracement level and consolidating. If it breaks above the consolidation, it could move toward the 2/3 retracement level; if it breaks below, it could drop toward around 147.400.
Pound-Yen 15-minute chart by Indicators and Principles of Markets
It has reached the expected maximum of the 5th wave of Elliott Wave.× ![]()



