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The United States, Britain and Europe were not invited to discuss the Ukrainian issue

2022-06-06
1055
Fundamental analysis:

The pound remained volatile around 163.533 against the yen. Representatives of the United States, Britain and the European Union held regular meetings in recent weeks to discuss the conditions for a potential truce and diplomatic mediation in Ukraine, but Kiev was not invited to attend.

Gbpjpy - 4-hour K-line chart display:




Technical comments: the upper rail section of the Bollinger belt index channel continues to fluctuate and rise, and the high level will fluctuate after reaching the node near 164.068. The short-term bull pull-up trend may continue. The Bollinger belt index shows an upward trend and the trend is good. The MACD index is at the high level of the bull region and maintains the consolidation and translation, and the RSI index is at the low level of the bull region and slowly moves up;


Multi empty turning point: 163.284


Pressing position: 164.015, 164.514


Support position: 162.695, 162.218


Trading strategy: bullish above 163.284, target 164.015, 164.514


Alternative strategy: down 163.284, target 162.695, 162.218


The above analysis is a personal point of view and is for reference only.

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.

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