FXOptimax: Pound USD3month6Daily trend analysis and trading suggestions

3

month

6

day

The pound and the US dollar closed yesterday with a broad rebound, reaching a high level

1.29682

, low order

1.28606

, received at

1.29492

. From the daily chart, it can be seen that the pound and the US have rebounded for the third consecutive day, and successfully closed above the middle track of the Bollinger Bands yesterday. If they can hold onto the middle track of the Bollinger Bands today（

1.29286

）The nearby support further rebounded towards

1.30000

The probability of integer resistance is high; from

H4

Look, the pound and the US dollar have been rising along the Bollinger Belt and are now approaching

1.29747

nearby

200

The resistance of the daily moving average may lead to a technical pullback in the short term;

H1

The display shows that the pound US is oscillating upwards in the area near the upper track of the Upper Bollinger Belt, below

1.29320

There is still support from the middle track of the Bollinger Belt nearby. Because the United States will release an important non farm payroll report today, which usually leads to significant fluctuations in exchange rates, it is recommended to wait and see for the time being before the report is released. GBP USD current price

1.29542