简体中文
ภาษาไทย
繁體中文
Indonesia
GBPJPY: move up high
2023-04-11
915
Fundamental analysis:
Sterling remained volatile around 165.414 against the yen as the British economy looked set to perform better than professional forecasters expected this year. This gives the Bank of England room to continue raising interest rates to curb record inflation.
British Pound Japanese Yen GBPJPY - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: the high-level bullish momentum remains volatile and rising, the short-term bullish sentiment continues, and the bullish momentum in the market is constantly moving upwards. The MACD indicator is on the upper side of the 0 axis and slowly rising, and the RSI indicator is on the upper side of the 50 balance line and continues to organize;
Resistance levels: 165.893 166.351
Support levels: 164.746 164.226
Trading strategy: bullish above 165.205, target 165.893 166.351
Alternative strategy: bearish below 165.205, target 164.746 164.226
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
Free AccessDaily Trading Strategy
Download Now
CM Trade Mobile Application
Economics Calendar
More
