简体中文
ภาษาไทย
繁體中文
Indonesia
GBPUSD: high rise
2023-07-14
769
Fundamental analysis:
GBP/USD remained volatile around 1.31342. The monthly GDP rate in the three months of May in the UK recorded 0%, ending the growth trend since December 2022. The annual rate of GDP in the UK recorded -0.4% in May, the first economic contraction since April 2021.
GBPUSD - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: the high-level bullish momentum is rising at a high level, the market is shrouded in bullish sentiment, and there is a trend of continuing to move upward in the short term. The MACD indicator is in the bullish area and continues to move upward, and the RSI indicator is at a high level of 80. The balance line is weak;
Resistance levels: 1.31648 1.31944
Support levels: 1.30668 1.30526
Trading strategy: bullish above 1.31188, target 1.31648 1.31944
Alternative strategy: bearish below 1.31188, target 1.30668 1.30526
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
