简体中文
ภาษาไทย
繁體中文
Indonesia
Pound us: the low position moves up slowly
2022-07-18
991
Fundamental analysis:
Sterling remained volatile around 1.18560 against the US dollar. The political instability in Britain and the fear of economic recession made bullish people uneasy. Johnson's resignation has weakened British families' confidence in the prospects for economic growth.
GBPUSD GBPUSD - 4-hour K-line chart shows:
Technical analysis:
According to the 4-hour chart, the short power fluctuated downward in a stepped manner, and the long power showed signs of waiting for the opportunity to enter after the low and narrow range consolidation. The MACD index was in the short area to maintain the consolidation and translation, and the RSI index was hovering below the 50 equilibrium line;
Long short turning point: 1.18434
Suppression bit: 1.19009, 1.19564
Support position: 1.17973, 1.17501
Trading strategy: bullish above 1.18434, targets 1.19009, 1.19564
Alternative strategies: bearish below 1.18434, targets 1.17973, 1.17501
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
