2022.10.10 Pound/Yen market today’s price movement forecast and scenario
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<Yen Index, Daily Chart>
*The charts use those from https://jp.tradingview.com/.
Pound/yen 4-hour chart produced by Indicator and Market Principles
Both the Pound Index and the Yen Index are falling.Pound/Yen has been declining.
Currently, it is fluctuating between the red solid trend line and the blue solid trend line.
Whether it breaks below the red trend line or above the blue trend line will likely determine the direction of the trend.
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