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 30/06/2021

Fundamental analysis

30 June, 2021

The British Pound moved higher on Wednesday after falling slightly earlier in the day. It is p[resently 1.39597. The UK’s GDP for the 1st Quarter fell 6.1%, Year-over-Year, and dropped 1.6%, Quarter-over-Quarter. The consensus forecasts were -6.1% and -1.5% respectively. The United States will post Pending Home Sales for May and its ADP Nonfarm Payroll Change report for June this afternoon.

Technical analysis

Pound - US Dollar Analysis Technical analysis 30/06/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 30/06/2021

Support & Resistance Level Explanation
Resistance 2 1.3916 Daily R2
Resistance 1 1.3894 Daily R1
Support 1 1.3834 Daily S1
Support 2 1.3811 Daily S2

GBPUSD Indicator Table - 30/06/2021

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

GBPUSD Indicator / Period Table - 30/06/2021

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

GBPUSD 30/06/2021 - Reference Price : 1.3861

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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Pound - US Dollar Chart
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