CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Pound - US Dollar Analysis

US Session Analysis for CFD Instruments 22/04/2024

Fundamental analysis

22 April, 2024

During European trading, the British Pound inched lower against the US Dollar, trading below 1.2400 levels.

The UK has no major economic data for release today. The United States is not expected to release any major economic data.

Technical analysis

Pound - US Dollar Analysis Technical analysis 22/04/2024
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 22/04/2024

Support & Resistance Level Explanation
Resistance 2 1.2387 Daily R2
Resistance 1 1.2366 Daily R1
Support 1 1.2311 Daily S1
Support 2 1.2290 Daily S2

GBPUSD Indicator Table - 22/04/2024

Indicator Signal
SMA 20 Sell
SMA 50 Sell
SMA 100 Sell
MACD( 12;26;9) Sell
RSI (14) Sell
Stochastic ( 9;6;3) Sell

GBPUSD Indicator / Period Table - 22/04/2024

Indicator / Period Day - SellWeek - SellMonth - Sell
MACD( 12;26;9) Sell SellSell
RSI (14) Sell SellSell
SMA 20 Sell SellSell

GBPUSD 22/04/2024 - Reference Price : 1.2319

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (0)Sell (3)
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Pound - US Dollar Chart
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