After the Federal Reserve's interest rate meeting, the dollar still retreated, which was fully in line with the previous expectations for dollar bears. The Federal Reserve kept interest rates unchanged, and Chairman Powell changed his previous hawkish rhetoric against inflation, giving a pause in interest rate hikes and considering a statement that interest rate cuts would begin next year, which basically gave further confirmation to the dollar's near-term direction, and the dollar's interest rate hike cycle ended. After the European Central Bank, the Bank of England also made remarks on their own monetary policy, but the Federal Reserve as the world's largest currency circulation manager of the entire foreign exchange market is pivotal, the dollar bears are confirmed as a beacon for the entire market, the market is running by the trend, and this month is the Christmas holiday, liquidity will be weak, the overall market activity will be reduced, so the rhythm of the transaction is also the top priority. Trend, rhythm, and a good plan for trading will get twice the result with half the effort.
*Tactics. **With the weakening of the US dollar and another wave of stretching, after the reversal point of 2010 was broken last week, **is currently around 2020-2030**, the current trend will basically be in a wide range**, but the main direction is still bullish, the trend slope is still upward, below 2000 will be the first support level, 1980 will be the second support level, above the resistance to see 2060, **The current trading rhythm will not be too big a unilateral transaction.
GBPUSD.
The pound broke above 1 last week27 analysis points, and finally reached 1Around 2770, from the previous 128 is also very close, and the overall trend is still bullish, 1There is a high probability that 28 will be broken, but it will continue in the short term**, below 12550-1.26 will be an important support, do not fall below this range point, the pound should not be bearish, short-term upper resistance will be near last week's high of 12760。