GBP/USD 5month9Daily trend analysis and trading suggestions-FXOptimax

5

month

9

day

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

1.30801

, low order

1.29868

, received at

1.30075

From the daily chart, it can be seen that the pound fell again yesterday and closed down for three consecutive days this week, giving up all the gains from last Friday. If it falls below today

1.30000

The support of integer bits may open up further downward space; from

H4

Look, there are signs of a halt in the decline of Pangmi, with multiple long lower shadow lines closing consecutively

K

There is a possibility of rebound in the short term, but it cannot be ruled out that there may be a slight rebound followed by another decline;

H1

It shows that Pangmi has now entered a narrow horizontal consolidation trend. Today's personal suggestion is to follow

1.30000

Integer support, current price in pounds and dollars

1.30118

。