简体中文
ภาษาไทย
繁體中文
Indonesia
Pound day: short positions fluctuate downward
2022-07-07
1052
Fundamental analysis:
The pound remained volatile around 161.991 against the yen. British Chancellor of the exchequer Zahavi said that we must work together with the Bank of England to ensure that monetary policy is correct. Determined to make more efforts in reducing UK taxes. We must rebuild our economy to ensure that we can survive this year and next.
Gbpjpy - 4-hour K-line chart shows:
Technical analysis:
According to the 4-hour chart, the short power continued to fluctuate and descend near the off track of the brin belt index channel. Although the low level rose in the short term, the downward trend remained. The brin belt index continued to open its mouth. The MACD index remained at the low level in the short area and remained volatile, and the RSI index began to move up after being maintained in the short area;
Turning point of long and short: 162.353
Pressing position: 162.979, 163.588
Support position: 161.423, 160.887
Trading strategy: bearish below 162.353, target 161.423, 160.887
Alternative strategy: bullish above 162.353, target 162.979, 163.588
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
