CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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. 70.91% 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 all your money. Read full risk warning.

Pound - US Dollar Analysis

US Session Analysis for CFD Instruments 18/02/2021

Fundamental analysis

18 February, 2021

The British Pound went vertical on Thursday. It is currently 1.39434. There is no specific economic data on the UK’s calendar today. However, the sentiment is strong that the worst of the pandemic is over and that life may begin returning to normal soon. At least 15 million of the UK’s population has been vaccinated, most of them in the most vulnerable demographics. The United States will post housing data, unemployment data, and manufacturing data this afternoon.

Technical analysis

Pound - US Dollar Analysis Technical analysis 18/02/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 18/02/2021

Support & Resistance Level Explanation
Resistance 2 1.3984 Daily R2
Resistance 1 1.3965 Daily R1
Support 1 1.3914 Daily S1
Support 2 1.3895 Daily S2

GBPUSD Indicator Table - 18/02/2021

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

GBPUSD Indicator / Period Table - 18/02/2021

Indicator / Period Day - BuyWeek - BuyMonth - Buy
MACD( 12;26;9) Buy BuyBuy
RSI (14) Neutral BuyBuy
SMA 20 Buy BuyBuy

GBPUSD 18/02/2021 - Reference Price :

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (0)
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