The pound fluctuated around 161.419 against the Japanese yen. Two British research groups, the resolution foundation and the British Chamber of Commerce mentioned in their latest proposal that if the government did not act, thousands of British families might see their power cut off this winter, thus threatening their daily life and even their health in winter.
Gbpjpy - 4-hour K-line chart shows:
According to the 4-hour chart, the short-term short-term power maintains a wide range of oscillation and slow decline, and the market as a whole is still weak. The MACD index is in a narrow range under the 0 axis, and the RSI index is hovering below the 50 equilibrium line;
Long and short turning point: 161.576
Pressing position: 161.759, 161.995
Support position: 161.170, 160.993
Trading strategy: bearish below 161.576, target 161.170, 160.993
Alternative strategies: bullish above 161.576, targets 161.759 and 161.995