2021.9.15 Pound-Yen Exchange Rate Today’s Price Movement Outlook and Scenario
<Yen Index - Daily Chart>
Note: The chart is from https://jp.tradingview.com/.
Indicator and Market Principles: GBP/JPY 4-Hour Chart
The pound index is declining, while the yen index is rising.The red solid trend line is not acting as support and has been breached.
If the price cannot regain above the trend line on a pullback and breaks the recent low, it could move down toward around 150.650.
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