简体中文
ภาษาไทย
繁體中文
Indonesia
Pound us: falling below the lower track
2022-06-29
1273
Fundamental analysis:
GBP / USD remained volatile around 1.21804. The house of Commons of the British Parliament passed the bill proposed by the British government to unilaterally modify part of the "Northern Ireland Protocol", which pushed the bill to the next stage of the legislative process. The bill was passed with 295 votes in favor and 221 votes against, but was severely criticized by many conservative and opposition members, including former Prime Minister Theresa May.
GBPUSD GBPUSD - 4-hour K-line chart display:
Technical analysis:
According to the 4-hour chart: it has been maintained in the narrow range consolidation in the Bollinger belt index channel for a long time, and the short power is waiting for the opportunity to enter. The nodes near the off track continue to descend. The Bollinger belt index continues to open its mouth slowly, the MACD index is in the weak hovering near the 0 axis, and the RSI index is in the narrow range consolidation below the 50 balance line;;
Multi empty turning point: 1.22050
Pressing position: 1.22482, 1.22928
Support position: 1.21420, 1.21054
Trading strategy: bearish below 1.22050, target 1.21420, 1.21054
Alternative strategy: bullish above 1.22050, target 1.22482, 1.22928
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
