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 19/02/2021

Fundamental analysis

19 February, 2021

The British Pound continued its ascent on Friday. It is presently 1.39916. UK Retail Sales for January fell well short of expectations. Core Retail Sales fell 3.8%, Year-over-Year, and fell 8.8%, Month-over-Month. The consensus forecasts were up 2.2% and down 2.6% respectively. The UK GfK Consumer Confidence for February printed at -23, better than the -27 analysts had predicted. The United States will post December PMI’s and January Existing Homes Sales this afternoon.

Technical analysis

Pound - US Dollar Analysis Technical analysis 19/02/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 19/02/2021

Support & Resistance Level Explanation
Resistance 2 1.4043 Daily R2
Resistance 1 1.4021 Daily R1
Support 1 1.3960 Daily S1
Support 2 1.3938 Daily S2

GBPUSD Indicator Table - 19/02/2021

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

GBPUSD Indicator / Period Table - 19/02/2021

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

GBPUSD 19/02/2021 - Reference Price : 1.3999

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