GBPUSD: step lifting

Fundamental analysis:

The pound remained volatile against the dollar at 1.15445, which was helped by the fall of the dollar and the expectation that the UK would continue to raise interest rates in December. The pound was more resilient and had sufficient action in recent days. There was a great opportunity for the future market to continue to fluctuate and rise. However, due to the emergence of pessimistic comments on the economic prospects of the United Kingdom, the market has doubts about whether the United Kingdom will continue to adhere to a strong tightening monetary policy in the future. In the future, it is necessary to focus on the trend of the focus of relevant comments.

GBPUSD GBPUSD - 4-hour K line chart shows:

Technical analysis:

The 4-hour chart shows that: the high level of the ladder type shock rose, the short-term bullish sentiment remained, the market bulls had a further upward trend, the MACD index was arranged on the top of the 0 axis, and the RSI index was hovering on the top of the 50 equilibrium line;

Empty turning point: 1.15329

Pressing: 1.15918, 1.16329

Support: 1.14895, 1.14506

Trading strategy: bullish above 1.15329, target 1.14895, 1.14506

Alternative strategy: bearish under 1.15329, target 1.15918, 1.16329