2021.9.9 Pound/Yen Exchange Rate Today’s Price Movement Forecast and Scenario
< Pound Index - Daily Chart >
< Yen Index - Daily Chart >
Note: The chart uses one from https://jp.tradingview.com/.
< Pound-yen - Daily Chart >
Indicator and Market Principle-Derived Pound-Yen 4-Hour Chart
The Pound Index is falling. The Yen Index is rising. The Pound-Yen remains unchanged.The red solid trend line is being watched, and the range-bound movement continues, but if this is surpassed, it could rise to the 153.112 line, then pull back, and if it breaks through the previous high at that time, it could rise toward around 153.600.
If it cannot break above the red solid trend line and falls below the 151.299 line, it may drop to around the 150.651 line.
Movement Forecast
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