FXOptimax：GBP/USD 1month9day-13Daily trend analysis and trading suggestions

1

month

9

day

Last Friday, the pound fell and closed with a broad decline, reaching a high level

1.24235

, low order

1.22609

, received at

1.22848

. From the current weekly chart, it can be seen that the pound US closed slightly lower last week, and it is expected that there is a high probability of continuing a small volatile trend this week; From the daily chart, if the pound falls below today

1.22500

Nearby support, then further testing

1.22000

The probability of integer support is relatively high, and there is still a possibility of rebound on the contrary; from

H4

Looking at it, there are signs of a rebound in the pound's decline;

H1

Display the trend of horizontal consolidation of pound beauty and house decay. Today's personal suggestion is to follow

1.22500

If the support falls below this level, it is recommended to be cautious and try short when encountering highs. Conversely, when encountering dips, be cautious and try long when encountering dips. The current price of the pound is USD

1.22651

1month10day
The pound and the US dollar continued their decline yesterday, closing in a broad decline at a high level1.22706, low order1.21242, received at1.21703. From the current daily chart, the pound dollar fell below yesterday1.22500After receiving support, the decline has further expanded, and there is still a possibility of further decline today; fromH4Looking at it, there are signs that the pound has stopped falling;H1Then it shows a narrow horizontal consolidation trend for pound beauty. Today's personal suggestion is to follow1.21000-1.21242If the support area falls below this level, there is a higher probability of further decline. Conversely, there is a possibility of rebound correction. Pound US current price1.21511

1month11day
Pangmei fell to its intraday low yesterday1.21070After encountering support and rebounding, the market closed slightly higher at a high level1.21897, received at1.21739. From the current daily chart, there are signs of a rebound in the pound's decline; fromH4Looking at it, there is a trend of narrow horizontal consolidation in pound mei;H1AndH4The trend is consistent and also shows a narrow horizontal consolidation trend in the pound. I personally do not recommend short selling today. It is recommended to be cautious and try long on dips, with the current price of pound US dollars1.21848

1month12day
Pangmei fell to its intraday low yesterday1.20375After Trump's press conference, it turned upward and closed slightly higher at a high level1.22724, received at1.22091. From the current daily chart, it can be seen that there is another downward trend in the pound and the US dollar today; fromH4Looking at it, pound mei rebounded yesterday to30The daily moving average encountered resistance and fell slightly. Today, it can only rebound further after breaking through the resistance of the moving average. Otherwise, it is expected to have a higher probability of turning back into a decline; fromH1Look, if pound beauty falls below1.21500It is expected to further decline after the support of1.21000Even the probability of yesterday's low is relatively high. Today's personal suggestion is to be cautious and try short when encountering high prices, with a current price of pounds and dollars1.21705

1month13day
Pangmei rebounded from its intraday high yesterday1.23169Later encountered resistance and fell back, closing slightly lower at a low level1.21521, received at1.21646. From the current daily chart, it can be seen that the pound dollar is still in a downward trend, and it is expected that there is a high probability of further decline today; fromH4Looking at it, there are signs that the pound has stopped falling;H1Then it shows a narrow horizontal consolidation trend for pound beauty. I personally do not recommend going long today. I suggest continuing to cautiously try short when encountering highs, with the current price of pound US dollars1.21599