GBP USD 5month7Daily trend analysis and trading suggestions-FXOptimax

5

month

7

day

The pound and the US dollar fell slightly yesterday, reaching a high level

1.31707

, low order

1.30811

, received at

1.30969

From the daily chart, it can be seen that after a significant increase last Friday, the pound has turned back and closed with more than half of Friday's gains erased. If it can hold on today

1.31000

The support of integer bits increases the probability of further rebound, while conversely, the probability of further decline is higher;

H4

The display shows that Pang Mei has now fallen back to

14

There are signs of a rebound near the daily moving average;

H1

It shows that the current narrow trading range of Pangmi is

14

Rihe

30

Between daily moving averages. Today's personal suggestion is to follow

1.30800-1.31000

If we can hold onto the support area, we can cautiously try to buy on dips. The current price of the pound is in US dollars

1.31060

。