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 23/11/2021

Fundamental analysis

23 November, 2021

The British Pound traded lower in volatile trade on Tuesday. It is presently 1.3376. In the UK this morning Composite, Manufacturing and Services PMI data for October all came in better than expected. The United States will release Manufacturing and Services data for November this afternoon.

Technical analysis

Pound - US Dollar Analysis Technical analysis 23/11/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 23/11/2021

Support & Resistance Level Explanation
Resistance 2 1.3419 Daily R2
Resistance 1 1.3396 Daily R1
Support 1 1.3335 Daily S1
Support 2 1.3312 Daily S2

GBPUSD Indicator Table - 23/11/2021

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

GBPUSD Indicator / Period Table - 23/11/2021

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

GBPUSD 23/11/2021 - Reference Price : 1.3350

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