GBP/USD failed to further expand overnight gains

Huitong Network10month19Daily News - Wednesday(10month19day)During the Asian period, the GBP/USD failed to further expand its overnight gains, and the current exchange rate has fallen back to1.2280Nearby. Investors are hoping for the upcoming release of the UK during the European period9The monthly employment report provides new positive stimuli.

Market forecast, UK9The monthly unemployment rate and the rate of change in the average hourly wage level will remain unchanged from the previous values, which are4.9%and2.3%。

Due to the recent significant depreciation of the pound, Tuesday(10month18day)Published UK9The monthly inflation data is better than expected,CPIAnnual rate reached1.0%. The rebound in inflation levels is expected to create a positive impact on the job market.
Pound/Meirenshou1.23Below the gate, looking forward to the UK9Monthly employment report to Xinlihao

technical analysis

High end pressure located at overnight high point1.2325、10month11Daily high point1.2377And the big difference with integers1.24. Low level support is seen in10Daily moving average1.2252、5Daily moving average1.2227and5Daily moving average deduction low value1.2205。


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