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 08/02/2022

Fundamental analysis

08 February, 2022

The British Pound climbed higher on Tuesday. It is presently 1.35606. The UK’s BRC RetailSales Monitor for January oriented at 8.1%, Year-over-Year. The United States will release trade balance data for December this afternoon.

Technical analysis

Pound - US Dollar Analysis Technical analysis 08/02/2022
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 08/02/2022

Support & Resistance Level Explanation
Resistance 2 1.3619 Daily R2
Resistance 1 1.3586 Daily R1
Support 1 1.3526 Daily S1
Support 2 1.3500 Daily S2

GBPUSD Indicator Table - 08/02/2022

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

GBPUSD Indicator / Period Table - 08/02/2022

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

GBPUSD 08/02/2022 - Reference Price : 1.3531

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