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. 70.41% 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 19/03/2021

Fundamental analysis

19 March, 2021

The British Pound traded sideways and slightly higher on Friday. It is presently 1.39238. The UK’s GfK Consumer Confidence for February came in at -16. That was better than the -20 analysts had expected. The United States’ economic calendar is empty today.

Technical analysis

Pound - US Dollar Analysis Technical analysis 19/03/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 19/03/2021

Support & Resistance Level Explanation
Resistance 2 1.4005 Daily R2
Resistance 1 1.3971 Daily R1
Support 1 1.3881 Daily S1
Support 2 1.3847 Daily S2

GBPUSD Indicator Table - 19/03/2021

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

GBPUSD Indicator / Period Table - 19/03/2021

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

GBPUSD 19/03/2021 - Reference Price : 1.3882

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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Pound - US Dollar Chart
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