CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% 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.

Pound - US Dollar Analysis

US Session Analysis for CFD Instruments 14/01/2020

Fundamental analysis

14 January, 2020

GBP/USD seesawed on Tuesday falling testing a session low of 1.29525 and a session high of 1.30120. The pair, however, failed to stay above the mark of 1.3000, as investors remained concerned over a possible interest rate cut by the Bank of England already at the meeting in late January 2020. The markets increased their expectations for an interest rate cut after data in the UK showed yesterday that the UK economy grew at the slowest pace since 2012. Later in the US, fresh inflation data for December will be released at 13:30 GMT.

Technical analysis

Pound - US Dollar Analysis Technical analysis 14/01/2020
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 14/01/2020

Support & Resistance Level Explanation
Resistance 2 1.3030 Daily R2
Resistance 1 1.3005 Daily R1
Support 1 1.2950 Daily S1
Support 2 1.2920 Daily S2

GBPUSD Indicator Table - 14/01/2020

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 - 14/01/2020

Indicator / Period Day - SellWeek - BuyMonth - Buy
MACD( 12;26;9) Sell BuySell
RSI (14) Sell NeutralNeutral
SMA 20 Sell BuyBuy

GBPUSD 14/01/2020 - Reference Price : 1.2976

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (0)Sell (3)
Share It With Your Network
Fortrade Daily Video News & Analysis
14/01/20 - Tuesday
Keep your information fresh, follow the daily analysis and news.
Growth your knowledge and invesments!
14/01/20 - Tuesday / Analysis
Pound - US Dollar Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now