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 16/08/2021

Fundamental analysis

16 August, 2021

The British Pound moved marginally lower on Monday. It is presently 1.38537. The UK’s Rightmove House Price Index fell 0.3%, Month-over-Month. In the United States, the NY Empire State Manufacturing Index for August will be released later today.

Technical analysis

Pound - US Dollar Analysis Technical analysis 16/08/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 16/08/2021

Support & Resistance Level Explanation
Resistance 2 1.3908 Daily R2
Resistance 1 1.3887 Daily R1
Support 1 1.3830 Daily S1
Support 2 1.3809 Daily S2

GBPUSD Indicator Table - 16/08/2021

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

GBPUSD Indicator / Period Table - 16/08/2021

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

GBPUSD 16/08/2021 - Reference Price : 1.3962

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