FXOptimax：GBP/USD 10month10day-14Daily trend analysis and trading suggestions

10month10day


The pound and the US dollar fell back to their intraday low last Friday1.22272After encountering support and rebounding, the market closed slightly higher at a high level1.24811, received at1.24393. From the current weekly chart, it can be seen that the pound US closed down broadly last week, and there is still a possibility of further decline this week; From the daily chart, it can be seen that after a significant short-term decline, there is a technical requirement for the pound and the US to overshoot and rebound;H4andH1It shows that the pound and the US have a narrow sideways consolidation trend. Personally, I do not recommend short selling today. It is recommended to wait and see or cautiously try long on dips, with the current price of pound and US dollars1.24241

10month11day
The pound and the US failed to continue their rebound yesterday, closing slightly lower and at a high level1.24442, low order1.23379, received at1.23455. From the current daily chart, it can be seen that the pound US dollar continued its decline in the Asian market today, and if it falls below1.23000After the support of integer digits, it is feared that it will further open up the downward space and expand the decline; fromH4Look, the pound has a silver lining14The downward trend of daily moving average fluctuations;H1It also shows that there is a border between pounds and dollars14Rihe30The daily moving average fluctuates downward. Today's personal suggestion is to be cautious and try short when facing high, with the current price in pounds and dollars1.23106

10month12day

The pound and the US continued their decline yesterday, with a slight drop to1.20886At a low level, it rebounded after encountering support and closed slightly lower, reaching a high level1.23515, received at1.22714. From the current daily chart, there are signs of a rebound in the pound and the US, but the rebound is only a correction for oversold, and it is expected that there is a high probability of further decline after the rebound; fromH4Look, the pound is beautiful1.23230There are still nearby14The resistance of the daily moving average can only be further opened up for rebound after breaking through this resistance today, otherwise the probability of falling again is high;H1It shows that the pound and the US have a narrow sideways consolidation trend. I personally do not recommend going long today, I suggest paying attention to it1.23230Nearby resistance, can be cautiously tested short near this resistance, pound US current price1.22790

10month13day
The pound US continued its decline yesterday and closed slightly lower again, reaching a high point1.23250, received at1.21663, received at1.21863. From the current daily chart, there are signs of a rebound in the pound US dollar; fromH4Look, the pound and the US rebounded yesterday to14The resistance of the daily moving average once again meets resistance and falls back;H1It shows that the pound and the US have signs of rebounding and rising. I personally do not recommend short selling today. I suggest paying attention to the support from yesterday's low levels. If we can hold onto this support, we can cautiously try to buy more on dips. The current price of the pound is USD1.21919

10month14day
The pound and the US dollar rebounded slightly yesterday, reaching a high point1.22723, low order1.21326, received at1.22256. From the current daily chart, the pound and the US dollar fell back to1.21326The low position has gained support, and there is still further rebound today1.23000The possibility of resistance; fromH4Looking at it, there is a trend of narrow horizontal consolidation in the pound and the United States, and the pound and the United States are1.23000There are still nearby30The resistance of the daily moving average does not rule out the possibility of rebounding to this resistance and then turning back down again;H1Then it shows that there is a border between pounds and dollars14There are signs of a rebound in the daily moving average, and if it falls below the support of the daily moving average, it may further fall back towards1.22000Support. Today's personal suggestion is to follow1.23000Nearby resistance, can be cautiously tested short near this resistance, pound US current price1.22358