2021.8.31 Pound-Yen exchange rate today's price movement forecast・scenario
<Yen Index - Daily
※The chart uses one from https://jp.tradingview.com/。
Indicators and the Principles of the Market: GBPJPY 4-Hour Chart
Both Pound Index and Yen Index are falling. GBP/JPY has been rising.Yesterday, it stayed range-bound. The green channel line has been acting as support and has bounced up, so if the line at 151.299 closes above, it seems likely to reach the red solid-line trend line.
<Elliott Wave>
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