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 05/04/2021

Fundamental analysis

05 April, 2021

The British Pound moved higher on Tuesday. It is presently 1.38600. The excellent pace of vaccination in the UK is helping push the Sterling higher. There is no significant economic data out of the UK today due to the Easter holiday. The United States will release Factory Orders for February and its Services PMI for March this afternoon.

Technical analysis

Pound - US Dollar Analysis Technical analysis 05/04/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 05/04/2021

Support & Resistance Level Explanation
Resistance 2 1.3916 Daily R2
Resistance 1 1.2892 Daily R1
Support 1 1.3828 Daily S1
Support 2 1.3804 Daily S2

GBPUSD Indicator Table - 05/04/2021

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

GBPUSD Indicator / Period Table - 05/04/2021

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

GBPUSD 05/04/2021 - Reference Price : 1.3862

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