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 16/09/2021

Fundamental analysis

16 September, 2021

The British Pound drifted lower on Thursday. It is presently 1.38244. There is no significant economic data expected from the UK. The United States will release unemployment data for the past week and the Philadelphia Fed Manufacturing Index for September this afternoon.

Technical analysis

Pound - US Dollar Analysis Technical analysis 16/09/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 16/09/2021

Support & Resistance Level Explanation
Resistance 2 1.3880 Daily R2
Resistance 1 1.3856 Daily R1
Support 1 1.3792 Daily S1
Support 2 1.3769 Daily S2

GBPUSD Indicator Table - 16/09/2021

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

GBPUSD Indicator / Period Table - 16/09/2021

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

GBPUSD 16/09/2021 - Reference Price : 1.3826

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