Sterling against the US dollar: If you can hold 1.3172, it is expected to rise further to around 1.3316.
From the daily chart, the exchange rate is in a shocking rise for nearly a month, and the short-term moving average is long, MACD and KDJ are running. Breaking the resistance of the 100-day moving average at 1.3160 and the resistance at around the high of 1.3172 on July 31. If you can hold the position, the market is expected to further explore the resistance around 1.3316, which is the 38.2% retracement of the 1.4376-1.2660 downtrend and June. Double resistance at the 22nd high;
In addition, there is some resistance around the high point of 1.3213 on July 26, and the exchange rate has been blocked at that position overnight. If it is blocked again and unexpectedly falls below 1.3172, it will weaken the short-term bullish signal;
3)The lower 5-day moving average support is near 1.3141, and the 10-day moving average support is around 1.3083. If the accident falls below the 10-day moving average, the short-term top risk is increased.
