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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 19/07/2021

Fundamental analysis

19 July, 2021

The British Pound is lower but off of its lows of the day on Monday. It is presently 1.37185. Fears of a new wave of the virus are sweeping the UK as one senior minister has been diagnosed as positive, despite having been fully vaccinated. In addition both Prime Minister Johnson and his Chancellor are now in self-isolation. In data, the UK’s Rightmove House Price Index rose 0.7%, Month-over-Month. The United States is not expected to release any significant economic data.

Technical analysis

Pound - US Dollar Analysis Technical analysis 19/07/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 19/07/2021

Support & Resistance Level Explanation
Resistance 2 1.3772 Daily R2
Resistance 1 1.3745 Daily R1
Support 1 1.3671 Daily S1
Support 2 1.3643 Daily S2

GBPUSD Indicator Table - 19/07/2021

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

GBPUSD Indicator / Period Table - 19/07/2021

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

GBPUSD 19/07/2021 - Reference Price : 1.3706

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