简体中文
ภาษาไทย
繁體中文
Indonesia
GBPJPY: High level rapid lifting
2022-10-14
1113
Fundamental analysis:
The pound remained volatile against the yen at 166.593. British Chancellor of the Exchequer Kwaten told British Sky News during his participation in the annual meeting of the International Monetary Fund that if the British market fluctuated again after the end of the temporary bond purchase plan on Friday, the Bank of England would assume responsibility, and any turbulence after the withdrawal of the plan "is the matter of Governor Bailey".
GBPJPY - 4-hour K chart shows:
Technical analysis:
The 4-hour chart shows that the high bulls' momentum has maintained a narrow range of consolidation and then rose rapidly. The short-term bullish sentiment has begun to heat up. The market bulls' momentum has continued to enter the market. The MACD index is in the moving area and maintains its consolidation and upward movement, while the RSI index hovers at the high level in the bulls' area;
Empty turning point: 166.149
Pressing: 167.755, 168.753
Support: 165.142, 164.108
Trading strategy: bullish above 166.149, target 167.755, 168.753
Alternative strategy: 166.149 lower bearish, target 165.142, 164.108
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
