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pound/dollar - Maintaining a downward trend this week Frequent narrow range fluctuations

2023-12-7 16:27| Publisher: 2233| see: 319| comment: 0

abstract: -0.05%, located in 1.2554-1.2563 At the bottom of the range,D3 The trading volume is good, and there is no important data in the UK. Therefore, risk appetite and the lead of the US dollar over the pound are expected to fluctuate in the US non farm employment data on Friday; As momentum research declines,10 Rihe 21 Daily moving average climbing21 Tianbulin Line Contract ...

-0.05%, located in 1.2554-1.2563 At the bottom of the range,D3 Good trading volume

There is no significant data in the UK, therefore risk appetite and the US dollar lead the pound

It is expected that there will be a volatile consolidation of US non farm payroll data on Friday

Chart; As momentum research declines,10 Rihe 21 Daily moving average climbing

21 Tianbulin Line Contract - The signal has shifted from positive to neutral

Fully tested 1.2721。7-10Monthly decline61.8%Still the main resistance

Closing price below1.2467（10 month/11 Monthly increase 38.2%）Will be bearish

21Daily moving average1.2518And the top of New York1.2605It is the first support and resistance

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pound/dollar - Maintaining a downward trend this week Frequent narrow range fluctuations

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