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Pound - US Dollar Analysis

US Session Analysis for CFD Instruments 13/08/2019

Fundamental analysis

13 August, 2019

GBP/USD extended gains in Europe, trying to get to the mark of 1.2100 as data in the UK showed that Average Earnings + Bonuses rose 3.7% in June. Claimant Count Change fell to 28K in July from June’s 31.4K, while analysts expected to see a figure of 32K. The UK Unemployment rate, however, increased 3.9% in June. The US dollar, on the other hand, fell on Tuesday as the yields in the US continued to fall on expectations that an economic recession might lay ahead. Later in the US, Inflation data for July will be released at 13:30 GMT+1.

Technical analysis

Pound - US Dollar Analysis Technical analysis 13/08/2019
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 13/08/2019

Support & Resistance Level Explanation
Resistance 2 1.2130 Daily R2
Resistance 1 1.2105 Daily R1
Support 1 1.2063 Daily S1
Support 2 1.2042 Daily S2

GBPUSD Indicator Table - 13/08/2019

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

GBPUSD Indicator / Period Table - 13/08/2019

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

GBPUSD 13/08/2019 - Reference Price : 1.2082

Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (1)Sell (1)
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13/08/19 - Tuesday / Analysis
Pound - US Dollar Chart
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