FXOptimax: Pound USD3month12Daily trend analysis and trading suggestions

3

month

12

day

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

1.29763

, low order

1.28041

, received at

1.28174

. From the daily chart, the pound and the US dollar rebounded yesterday

1.29763

The intraday high resistance turned into a decline again, and the closing not only wiped out all the intraday gains, but the low level was once tested lower

1.28000

There is support near the integer level, but it has not fallen below this support. If we can hold onto this support today, there is still a possibility of a rebound; from

H4

Looking at it, the pound and the US dollar rebounded yesterday

200

The resistance of the daily moving average has turned downward again, with support from the Bollinger Bands at a low level. Currently, there are signs of a rebound again;

H1

The display shows that the pound and the US dollar rebounded to the resistance of the upper track of the Bollinger Bands yesterday and then turned down again, piercing the support of the lower track of the Bollinger Bands. It is expected to rebound slightly today

1.29000

There is a high probability that the resistance will turn into a decline again. Today's suggestion is to move from the current price point to

1.29000

Be cautious and try more

1.29000/1.29762

There is a signal of conversion, short selling on the reverse side, the current price of pounds and dollars

1.28369

。