CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% 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.

Pound - US Dollar Analysis

US Session Analysis for CFD Instruments 13/10/2021

Fundamental analysis

13 October, 2021

The British Pound rallied on Wednesday. It is presently 1.36382. The UK’s GDP for September rose 0..4%, Month-over-Month, just shy of the 0.5% that was expected. UK Industrial Production for August was up 3.7%, Year-over-Year, and rose 0.8%, Month-over-Month. The consensus forecasts were 3.1% and 0.2%, respectively. Manufacturing Production for August in the UK also beat its estimate of 0.1%, Month-over-Month, coming in at 0.5%. The United States will release inflation data for September this afternoon, including the closely watched CPI.

Technical analysis

Pound - US Dollar Analysis Technical analysis 13/10/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 13/10/2021

Support & Resistance Level Explanation
Resistance 2 1.3686 Daily R2
Resistance 1 1.3663 Daily R1
Support 1 1.3601 Daily S1
Support 2 1.3577 Daily S2

GBPUSD Indicator Table - 13/10/2021

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

GBPUSD Indicator / Period Table - 13/10/2021

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

GBPUSD 13/10/2021 - Reference Price : 1.3621

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (0)
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  • CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% 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. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.