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 18/04/2024

Fundamental analysis

18 April, 2024

During European trading, the British Pound rose against the US Dollar, trading above 1.2400 levels.

The UK will not be releasing any major economic data today. The United States is expected to release Initial Jobless Claims data.

Technical analysis

Pound - US Dollar Analysis Technical analysis 18/04/2024
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 18/04/2024

Support & Resistance Level Explanation
Resistance 2 1.2532 Daily R2
Resistance 1 1.2509 Daily R1
Support 1 1.2445 Daily S1
Support 2 1.2422 Daily S2

GBPUSD Indicator Table - 18/04/2024

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

GBPUSD Indicator / Period Table - 18/04/2024

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

GBPUSD 18/04/2024 - Reference Price : 1.2476

Buy
Simple Moving AverageBuy (1)Sell (2)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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Pound - US Dollar Chart
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