简体中文
ภาษาไทย
繁體中文
Indonesia
GBPUSD: High bit downlink
2022-11-01
1088
Fundamental analysis:
GBP/USD remained volatile around 1.14590. Due to high inflation, the Bank of England should continue to raise interest rates in the short term, but may suspend raising interest rates from the beginning of 2023. The UK economy will fall into recession in 2023 as predicted by the agency, which puts the pound under pressure.
GBPUSD GBPUSD - 4-hour K line chart shows:
Technical analysis:
The 4-hour chart shows that the power of high short positions fluctuates downward, and the short-term short positions continue to move downward. The MACD indicator is in the long positions area to maintain the downward momentum, and it is about to reach the node near the axis 0, and the RSI indicator is in the weak shock below the 50 equilibrium line;
Empty turning point: 1.14740
Pressing: 1.15216, 1.15670
Support: 1.14,135, 1.13,695
Trading strategy: bearish under 1.14740, target 1.14135, 1.13695
Alternative strategy: bullish above 1.14740, target 1.15216, 1.15670
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
