简体中文
ภาษาไทย
繁體中文
Indonesia
GBPJPY: The short position plummets
2022-09-26
1178
Fundamental analysis:
The pound remained volatile against the yen at 155.504. In September, the Gfk consumer confidence index in the United Kingdom fell to negative 49, the lowest since records began in the mid-1970s. Although Prime Minister Trass announced that he would provide more support for household energy expenditure, consumer confidence showed little sign of being boosted.
GBPJPY - 4-hour K chart shows:
Technical analysis:
The 4-hour chart shows that the market bearish mood is shrouded, the short-term decline has not stopped, and there is a trend of continued downward movement. The MACD indicator remains weak in the bearish area, and the RSI indicator remains low after the bearish area maintains shock downward movement;
Empty turning point: 155.910
Pressing position: 156.693, 157.587
Support position: 154.714, 153.850
Trading strategy: bearish at 155.910, target 154.714, 153.850
Alternative strategy: bullish above 155.910, target 156.693, 157.587
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
