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 31/08/2021

Fundamental analysis

31 August, 2021

The British Pound moved up and down and was roughly unchanged at midday in Europe. It is presently 1.37702. In the UK, Mortgage Approvals for July came in at 75, 150. The consensus forecast was 78,600. The United States will report home price data and consumer confidence figures this afternoon.

Technical analysis

Pound - US Dollar Analysis Technical analysis 31/08/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 31/08/2021

Support & Resistance Level Explanation
Resistance 2 1.3833 Daily R2
Resistance 1 1.3808 Daily R1
Support 1 1.3742 Daily S1
Support 2 1.3718 Daily S2

GBPUSD Indicator Table - 31/08/2021

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

GBPUSD Indicator / Period Table - 31/08/2021

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

GBPUSD 31/08/2021 - Reference Price : 1.3786

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