This is a Pound Yen chart on a hour time frame, for this pair I have identified normal market movement to the trend line for a retest.
this pair has potential to break the resistance line and head to 149.00 after the 15th of August low of 140.00.
we have medium term news for the yen tomorrow and thus I see no further reason to why the pair would divert of course.
this pair has potential to break the resistance line and head to 149.00 after the 15th of August low of 140.00.
we have medium term news for the yen tomorrow and thus I see no further reason to why the pair would divert of course.