GBP to USD:
Yesterday, the Fed announced a 75 basis point interest rate hike, and Fed Chairman Powell denied that the economy was in a recession, and also said that the rate of interest rate hikes may slow down. So this means that inflation may have been in a controllable range, and the dollar index may drop briefly and then rise.
D1 Chart GBP/USD closed below resistance. It also shows that the volatility brought about by the interest rate hike has come to an end, and the current general trend can still be bearish.
The H1 chart also shows that the price is now below the resistance level and cannot break through. Therefore, it can be judged that the price is expected to return to the downward trend.
Go short in the high position layout.
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.