GBP / USD : Faced with key resistance suppression, vigilant against short-selling;
1)From the daily chart, the exchange rate is currently in a volatile upward trend, MACD operation, KDJ operation, short-term moving average long position, the market outlook still has the opportunity to continue to rise However, it is currently facing resistance near 1.3175. The July 31 high, the overnight high and the 100-day moving average are all near the position. The exchange rate has risen by about 500 points since 1.2660. KDJ also runs to the overbought area. On the trading day, the K line recorded a similar cross star, suggesting that the selling pressure was strong, and the short-term exchange rate also faced a certain risk of callback;
- If the trading day recorded a negative line, it will increase the risk of short-term peaking, and the initial support is near the 5-day moving average of 1.3126. The 10-day moving average support is around 1.3058. If it falls below this position, it will increase the downside risk.
- If the exchange rate is strong and breaks the resistance of 1.3175, it is expected to further explore the resistance at 1.3213 on July 23; the resistance at July 16 is high. Near 1.3292