简体中文
ภาษาไทย
繁體中文
Indonesia
Pound day: high and narrow consolidation
2022-07-18
1193
Fundamental analysis:
The pound remained volatile around 164.283 against the yen. The GDP growth in May announced by the UK still exceeded expectations, and the strong momentum in that month was quite broad, with positive growth in services, production and construction.
Gbpjpy - 4-hour K-line chart shows:
Technical analysis:
According to the 4-hour chart, the Bull Power maintained a shock rise, the high level began to consolidate and translate in the short term, the moving force on the bull still existed, the MACD index was in the bull area to maintain consolidation, and the RSI index was in the 50 equilibrium online side;
Long short turning point: 164.017
Pressing position: 164.801, 165.299
Support position: 163.471, 162.891
Trading strategy: bullish above 164.017, target 164.801, 165.299
Alternative strategy: bearish below 164.017, target 163.471, 162.891
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
