2021.7.22 Pound-Yen Exchange Rate Today’s Price Movement Forecast and Scenario
<Yen Index — Daily Chart>
※ The charts use those from https://jp.tradingview.com/.
Indicator: GBP/JPY 4-hour Chart Based on Market Fundamentals
The Pound Index is rising. The Yen Index is falling. GBP/JPY has risen.It has broken above the consolidation, and as expected, has risen toward the 2/3 retracement level.
If this line is surpassed, it may rise toward around the middle line of the channel.
Conversely, if it cannot break above, there could be a pullback toward around the red thick trend line.
× ![]()

