简体中文
ภาษาไทย
繁體中文
Indonesia
GBPUSD: high position narrow width finishing
2022-08-12
1256
Fundamental analysis:
GBP / USD fluctuated around 1.21962. The weakness of USD gave GBP / USD a chance to breathe yesterday, but the currency pair stagnated below the resistance level of 1.2300. Dutch economists expect that the pound will hardly break the level of 1.23 against the dollar and will fall back to 1.20.
GBPUSD GBPUSD - 4-hour K-line chart shows:
Technical analysis:
According to the 4-hour chart, the bullish sentiment of the market is still the same, the MACD index continues to move upward in the bullish region, and the RSI index hovers at the 50 balanced online side;
Long and short turning point: 1.21863
Pressing position: 1.22406, 1.22736
Support position: 1.21554, 1.21245
Trading strategy: bullish above 1.21863, target 1.22406, 1.22736
Alternative strategy: bearish below 1.21863, targets 1.21554 and 1.21245
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
