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GBP/USD hits key June resistance again? Is there a chance to break through this time?

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GBP to USD:
The GBP/USD D1 chart shows price resistance, and in June the price has also been trying to break through the current resistance level but has been unable to break through. So this time we can still go short at this support level. Our stop loss will be placed above the resistance level, and once the upper resistance level is breached we will go long along the trend.

The H1 chart shows that the price has been trying to break the lower support level and has also been trying to break the upper resistance level. Been stuck in this range. Then if you are a trader who is looking for more insurance, you can wait and wait for the break below the support to go short.

Order suggestion:
The short-term can be bearish, and the long-term can be deployed at a low level.

All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.

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Daily Market Analysis

美元强势逆袭,金价“看跌吞没”,多头这下危险了!

周二(8月16日)亚市盘初,现货黄金在1780关口下方徘徊,目前交投于1777.35美元/盎司附近,隔夜美元指数大幅上涨,创下一周新高,对金价打压明显,金价一度跌至1770关口附近,日K线图在相对高位出现“看跌吞没”的顶部信号,投资者需要提防金价的进一步下跌风险。 数据表示:“黄金一直停留在1800美元附近,周一美元走强正推动黄金和整个大宗商品市场下跌。现在黄金交投很谨慎,美联储将继续加息……投资者确实预期利率即将提高。”

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Risk Warning : Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. 

Risk Warning:
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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Lepanto Financial Advisers Limited is the holding company of Ultimate Pinnacle Limited. (Address: Fifth Floor, Suite 23, 63/66 Hatton Garden, London, England, EC1N 8LE). All services and products accessible through the site www.upfxtrade.com are provided by Ultimate Pinnacle Limited with the registered address Suite 305, Griffith Corporate Center P.O Box 1510, Beachmont Kingstown St.Vincent & the Grenadines.
Ultimate Pinnacle Limited is a limited liability company established in Belize as an operating subsidiary within the Lepanto Group of companies (collectively “Ultimate Pinnacle”) under Registration No. 173474 and having its registered address at No. 1 Corner of Hutson Street and Marine Parade, Belize City, Belize.

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GC=F 
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EURUSD=X 
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GBPUSD=X 
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INTC 
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