简体中文
ภาษาไทย
繁體中文
Indonesia
GBPJPY: shock down
2022-12-05
1095
Fundamental analysis:
GBP/JPY remained volatile around 165.177. The British government assessed that the strike could cost the national railway industry 260 million pounds. The British Ministry of Transport therefore called on trade unions to stop strikes to give the hotel and restaurant business a chance to recover after the COVID-19 pandemic.
British Pound Japanese Yen GBPJPY - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: the short momentum ladder fluctuates downward, the low level moves up for a short period of time and then falls again, the market as a whole is moving downward, the MADC indicator is in the short position, and the RSI indicator is hovering weakly below the 50 balance line;
Long-short turning point: 165.422
Suppression: 165.725, 166.092
Support: 164.835, 164.514
Trading strategy: bearish below 165.422, target 164.835, 164.514
Alternative strategy: Bullish above 165.422, target 165.725, 166.092
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
