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The EU is taking action on the Northern Ireland protocol in a reasonable manner
2022-06-15
1027
Fundamental analysis:
The pound remained volatile around 162.439 against the yen. British Foreign Secretary trass: the EU has no reason to react negatively to our measures on the Northern Ireland protocol. The Northern Ireland agreement is being acted upon in a reasonable manner.
Gbpjpy - 4-hour K-line chart display:
Technical comments: the short power continued to fluctuate and fall near the brin zone index, and the low level reached the node near 161.305 for consolidation. The short-term short power continued to move downward, and the brin zone index continued to move downward in a closing trend. The MACD index maintained a downward movement in the short area, and the RSI index maintained a consolidation and translation in the short area;
Multi empty turning point: 162.928
Pressing position: 163.882, 164.758
Support position: 161.589, 160.841
Trading strategy: down 162.928, target 161.589, 160.841
Alternative strategy: bullish above 162.928, target 163.882, 164.758
The above analysis is a personal point of view and is for reference only.
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.
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