简体中文
ภาษาไทย
繁體中文
Indonesia
Pound day: narrow range finishing
2022-06-29
1396
Fundamental analysis:
Sterling remained volatile around 165.771 against the yen. Due to the recent surge in mortgage interest rates, house prices in Britain are expected to fall by about 2% in the second half of this year. Due to the strong labor market and the additional savings accumulated during the epidemic, some families may still be able to buy houses.
Gbpjpy - 4-hour K-line chart display:
Technical analysis:
According to the 4-hour chart, it was maintained in the narrow weak consolidation in the Bollinger belt index channel for a long time, moved up slowly to the middle and upper rail section and began to retreat after shaking. The Bollinger belt index continued to close, the MACD index hovered around the 0 axis, and the RSI index was in the narrow consolidation near the 50 equilibrium line;
Multi empty turning point: 166.969
Pressing position: 166.846, 167.467
Support position: 165.063, 164.345
Trading strategy: bearish below 166.969, target 165.063, 164.345
Alternative strategy: bullish above 166.969, target 166.846, 167.467
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
