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 15/12/2021

Fundamental analysis

15 December, 2021

The British Pound rallied higher on Wednesday. It is presently 1.32474. Inflation figures in the UK came on hot across all categories. The UK’s CPI for November was up 5.1%, Year-over-Year, and up 0.7%, Month-over-Month. Analysts had forecast 4.7% and 0.4%, respectively. The United States will post November Retail Sales this afternoon. The U.S. Federal Reserve will announce their latest interest rate decision and hold a press conference in the early European evening.

Technical analysis

Pound - US Dollar Analysis Technical analysis 15/12/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 15/12/2021

Support & Resistance Level Explanation
Resistance 2 1.3304 Daily R2
Resistance 1 1.3282 Daily R1
Support 1 1.3223 Daily S1
Support 2 1.3201 Daily S2

GBPUSD Indicator Table - 15/12/2021

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

GBPUSD Indicator / Period Table - 15/12/2021

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

GBPUSD 15/12/2021 - Reference Price : 1.3256

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