简体中文
ภาษาไทย
繁體中文
Indonesia
GBPUSD: Multi head pull-up
2022-11-07
1093
Fundamental analysis:
GBP/USD remained volatile around 1.13662. As the economic recession may last for two years, the market overestimated the trend of future interest rates. Market participants are digesting the interest rate decisions of the Federal Reserve and the Bank of England, and the volatility of GBP/USD will remain high.
GBPUSD GBPUSD - 4-hour K line chart shows:
Technical analysis:
The 4-hour chart shows that the power of the low position bulls is rapidly surging, the market bulls are beginning to emerge, and the short-term bullish trend is good. The MACD indicator is in the short position and moves up, while the RSI indicator is in the short position and moves up and hovers near the zero axis;
Empty turning point: 1.13489
Pressing: 1.14135, 1.14536
Support: 1.13066, 1.12677
Trading strategy: bullish above 1.13489, target 1.14135, 1.14536
Alternative strategy: bearish under 1.13489, target 1.13066, 1.12677
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
