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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 22/04/2021

Fundamental analysis

22 April, 2021

The British Pound drifted lower on Thursday. It is presently 1.39108. The UK’s CBI Industrial Trends Orders for April came in at -8. Analysts had been expecting +2. The United States will release weekly unemployment data and monthly home sales figures this afternoon.

Technical analysis

Pound - US Dollar Analysis Technical analysis 22/04/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 22/04/2021

Support & Resistance Level Explanation
Resistance 2 1.3982 Daily R2
Resistance 1 1.3951 Daily R1
Support 1 1.3871 Daily S1
Support 2 1.3840 Daily S2

GBPUSD Indicator Table - 22/04/2021

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

GBPUSD Indicator / Period Table - 22/04/2021

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

GBPUSD 22/04/2021 - Reference Price : 1.3902

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