The Pound Yen is moving in a sideways pattern, expected to descend from the resistance area at 151.12 levels, to target the support area at 149.45 levels, and from the support area we expect the week’s bottom to form.
But in the event that a four-hour candle closes above the level of 151.57, we expect the rise to continue and target the second resistance area at 153.23 levels, from which it is expected to form the top of the week