The pound remained volatile against the dollar at 1.13475. The strike and demonstration in Britain once hit the pound. Later, the dollar gave the pound a certain boost due to its overall decline in the foreign exchange market, following a large number of non US currencies.
GBPUSD GBPUSD - 4-hour K line chart shows:
The 4-hour chart shows that the momentum of high short positions has fallen rapidly, and the market short positions have begun to enter slowly. The short-term decline may continue. The MACD indicator is at the upper side of the 0 axis and the RSI indicator is at the lower side of the 50 equilibrium line;
Multi empty turning point: 1.13695
Pressing: 1.14162, 1.14651
Support: 1.12984, 1.12573
Trading strategy: bearish under 1.13695, target 1.12984, 1.12573
Alternative strategy: bullish above 1.13695, target 1.14162, 1.14651