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 23/04/2021

Fundamental analysis

23 April, 2021

The British Pound inched higher on Friday. It is presently 1.38720. UK Retail Sales for March rose 7.2%, Year-over-Year, and 5.4%, Month-over-Month. The consensus forecasts were 3.5% and 1.5% respectively. The UK’s GfK Consumer COnfidence for April came in at -15, below the estimate of -12. The United States will post New Home Sales figures for March and its Services and Manufacturing PMI’s for April this afternoon.

Technical analysis

Pound - US Dollar Analysis Technical analysis 23/04/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 23/04/2021

Support & Resistance Level Explanation
Resistance 2 1.39526 Daily R2
Resistance 1 1.39177 Daily R1
Support 1 1.38245 Daily S1
Support 2 1.37896 Daily S2

GBPUSD Indicator Table - 23/04/2021

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

GBPUSD Indicator / Period Table - 23/04/2021

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

GBPUSD 23/04/2021 - Reference Price : 1.38711

Sell
Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (1)Sell (1)
Share It With Your Network
Pound - US Dollar Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now