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 10/12/2021

Fundamental analysis

10 December, 2021

The British Pound traded lower on Friday. It is presently 1.31994. The UK’s GDP fell well short of its forecast. It rose 0.1%, Month-over-Month, and climbed 4.6%, Year-over-Year, in the 3rd Quarter. The consensus forecasts were 0.4% and 6.6%, respectively. The United States will post inflation data for November and the Michigan Consumer Sentiment Index for December this afternoon.

Technical analysis

Pound - US Dollar Analysis Technical analysis 10/12/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 10/12/2021

Support & Resistance Level Explanation
Resistance 2 1.3254 Daily R2
Resistance 1 1.3230 Daily R1
Support 1 1.3166 Daily S1
Support 2 1.3142 Daily S2

GBPUSD Indicator Table - 10/12/2021

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

GBPUSD Indicator / Period Table - 10/12/2021

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

GBPUSD 10/12/2021 - Reference Price : 1.3202

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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