2021.8.12 Pound-Yen exchange rate today’s price movement forecast and scenario
< Pound Index - Daily 
< Yen Index - Daily 
※The charts use ones from https://jp.tradingview.com/.
＜Pound-Yen Daily Chart＞
Indicator and the four-hour chart of the Pound-Yen shown by the market principle
Both the Pound Index and the Yen Index are rising.The Pound Index was almost unchanged.
The red solid-line trendline is being watched, and it has not fallen to the previously predicted line of 152.554; a very narrow range consolidation continues.
Signs of rising: break of the red solid-line trendline Signs of falling: when the 4-hour close breaks 152.554 and that line functions as resistance.
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