2021.9.2 Pound-Yen market today's price movement forecast and scenario
< Yen Index - Daily
※ The chart used is from https://jp.tradingview.com/。
Indicator and Market Principles Output Pound-Yen 4-hour Chart
Both the pound index and the yen index are rising.Pound-yen has been rising.
For the last three days, it has been trading in a very narrow range, so once it starts moving, large price movement is expected.
The Pound-Yen is forming a cup-with-handle pattern, so if the 151.400 level functions as support, it seems likely to break above the red solid trend line.
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