CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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 06/12/2021

Fundamental analysis

06 December, 2021

The British Pound made a strong rally on Monday as the Greenback succumbed to falling treasury yields in the United States. It is presently 1.32696. The UK’s COnstruction PMI for November printed at 55.5. The consensus forecast was 52.0. The United States will report its CB Employment Trends Index for November this afternoon.

Technical analysis

Pound - US Dollar Analysis Technical analysis 06/12/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 06/12/2021

Support & Resistance Level Explanation
Resistance 2 1.3348 Daily R2
Resistance 1 1.3318 Daily R1
Support 1 1.3237 Daily S1
Support 2 1.3206 Daily S2

GBPUSD Indicator Table - 06/12/2021

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

GBPUSD Indicator / Period Table - 06/12/2021

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

GBPUSD 06/12/2021 - Reference Price : 1.3272

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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Pound - US Dollar Chart
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