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 29/06/2021

Fundamental analysis

29 June, 2021

The British Pound traded lower on Tuesday. It is presently 1.38441. The UK’s Nationwide HPI for June rose 13.4%, Year-over-Year, and 0.7%, Month-over-Month. The consensus forecasts were 13.7% and 0.7% respectively. The United States will release the Case-Shiller Home price Index and the Conference Board Consumer Confidence for June later today.

Technical analysis

Pound - US Dollar Analysis Technical analysis 29/06/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 29/06/2021

Support & Resistance Level Explanation
Resistance 2 1.3903 Daily R2
Resistance 1 1.3879 Daily R1
Support 1 1.3813 Daily S1
Support 2 1.3788 Daily S2

GBPUSD Indicator Table - 29/06/2021

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

GBPUSD Indicator / Period Table - 29/06/2021

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

GBPUSD 29/06/2021 - Reference Price : 1.3837

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