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 18/05/2021

Fundamental analysis

18 May, 2021

The British Pound moved higher on Tuesday, helped by a weaker Greenback. It is presently 1.41968. The UK’s Unemployment Rate for March fell to 4.8%, slightly better than the 4.9% that had been forecast. The United States will report April housing data for April this afternoon.

Technical analysis

Pound - US Dollar Analysis Technical analysis 18/05/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 18/05/2021

Support & Resistance Level Explanation
Resistance 2 1.4258 Daily R2
Resistance 1 1.4235 Daily R1
Support 1 1.4173 Daily S1
Support 2 1.4150 Daily S2

GBPUSD Indicator Table - 18/05/2021

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

GBPUSD Indicator / Period Table - 18/05/2021

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

GBPUSD 18/05/2021 - Reference Price : 1.4196

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