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09/12/2021 16:33
Release： 09/12/2021 16:33
Update： 12/27/2022 15:03
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2021.9.13 Pound-Yen market today’s price movement forecast and scenario

＜Pound Index - Daily Chart＞

＜Yen Index - Daily Chart＞※ The chart used is from https://jp.tradingview.com/。

＜GBP/JPY - Daily Chart＞

Indicator and Principles of the Market: GBP/JPY 4-hour Chart

Both the Pound Index and the Yen Index are declining. GBP/JPY has slightly risen.

The red solid-line trendline has temporarily broken above, but it is attempting to slip back below the trendline.

After slipping below the trendline, if the red solid-line trendline acts as resistance on the pullback, it could be around 150.650. If the trendline does not slip below and instead acts as support, it could move up to around 153.600.

＜Price Movement Forecast＞

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■ Important Matters and Risk Warnings Regarding Investment Products 【Financial Instruments Business Operator】
GogoJungle Inc.
Registration: Director-General of the Kanto Local Finance Bureau (Financial Instruments Business) No. 1960
【Member Association】
Japan Investment Advisers Association
【Fees and Expenses】
The use of software, e-books, investment advisory services, etc., provided on our platform involves purchase prices determined for each product.
Additionally, when conducting actual financial instrument transactions (such as FX or CFD trading), costs such as transaction fees and spreads (the difference between the sell and buy price) may be incurred through the connected brokerage firms.
【Margin and Risk of Loss】
Transactions such as FX (Foreign Exchange Margin Trading) and CFD (Contract for Difference) allow for trading in amounts exceeding the deposited margin.
Therefore, due to sudden fluctuations in target indices (currency, commodity prices, etc.), there is a risk of incurring losses that exceed the deposited margin (loss exceeding principal).
Furthermore, financial instrument transactions involve risks such as price fluctuations, which may result in losses falling below or exceeding the initial investment principal.
【Nature of Services and Trading Entity】
The Company operates a platform (marketplace) providing investment software and information; we do not engage in the buying, selling, mediation, brokerage, or agency of financial instruments on behalf of customers.
The services and information provided are intended as reference for investment decisions and do not guarantee future profits or specific results.
While some services include investment advice, they do not constitute a mandate or solicitation to trade specific financial instruments.
Final investment decisions and the execution of trades must be made at the customer’s own risk and discretion.
GogoJungle Inc.
Registration: Director-General of the Kanto Local Finance Bureau (Financial Instruments Business) No. 1960
Member Association: Japan Investment Advisers Association GogoJungle Inc.
Registration: Director-General of the Kanto Local Finance Bureau (Financial Instruments Business) No. 1960
Member Association: Japan Investment Advisers Association
Financial Services Agency Japan Investment Advisers Association Financial Instruments Mediation Assistance Center Securities and Exchange Surveillance Commission

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