2022.10.11 Pound/Yen market today’s price movement forecast・scenarios
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<Yen Index - Daily Chart>
※ The charts use those from https://jp.tradingview.com/.
GBP/JPY 4-hour chart produced by indicators and market principles
Both the Pound Index and the Yen Index are declining.GBP/JPY has been falling.
It has sunk below the red solid-line trend line and has moved downward with the red solid-line trend line as resistance.
If it breaks below the 160.250 level, it may drop to the 157.560 level.
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