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 07/12/2021

Fundamental analysis

07 December, 2021

The British Pound rose and fell on Tuesday to unchanged at midday. It is presently 1.32526. The UK’s Halifax House Price Index for November climbed 1.0%, Month-over-Month, and climbed 8.2%, Year-over-Year. The consensus forecast for the former was 0.8%. The United States will release October trade data this afternoon.

Technical analysis

Pound - US Dollar Analysis Technical analysis 07/12/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 07/12/2021

Support & Resistance Level Explanation
Resistance 2 1.3323 Daily R2
Resistance 1 1.3293 Daily R1
Support 1 1.3214 Daily S1
Support 2 1.3184 Daily S2

GBPUSD Indicator Table - 07/12/2021

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

GBPUSD Indicator / Period Table - 07/12/2021

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

GBPUSD 07/12/2021 - Reference Price : 1.3249

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