2021.8.5 Pound/Yen exchange rate today’s price movement forecast and scenario
< Yen Index - Daily Chart >
Note: The chart used is from https://jp.tradingview.com/.
Indicator and the Market Principles: Pound-Yen 4-Hour Chart
Both the Pound Index and the Yen Index are declining. The Pound-Yen has been rising.If the 151.858 level acts as support, it is likely to rise up to around 153.150.
If the 151.858 level does not function as support and instead acts as resistance, it is likely to fall to around 150.600.
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