2022.8.30 Pound/Yen Market Today's Price Movement Forecast and Scenario
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<Yen Index - Daily Chart>
※The chart uses examples from https://jp.tradingview.com/.
4-hour chart of GBP/JPY based on indicators and market principles
Both the Pound Index and the Yen Index are declining.GBP/JPY has been rising.
If it cannot break above the yellow trend line and breaks below the 161.350 line, it may retrace to around the 160.180 line, but if it breaks above the 162.530 line, it could rise to around 163.710.
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