2021.9.1 Pound/Yen Market Today’s Price Movement Forecast & Scenarios
<Yen Index - Daily Chart>
※ The chart used is from https://jp.tradingview.com/.
Indicator and the Principles of the Market: Pound/Yen 4-Hour Chart
Both the Pound Index and the Yen Index are declining. The Pound/Yen pair has been rising.In the last two days, it has been moving in a very narrow range, so a large move is expected when it starts to move.
If it breaks above the downward-sloping red solid-line trendline, there is a possibility of rising toward around 153.500.
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