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 17/03/2022

Fundamental analysis

17 March, 2022

The British Pound is trading higher on Thursday. It is currently 1.3178. The U.K is set to report its interest rate decision today. In the United States the Philadelphia Fed manufacturing index will print today. Initial Jobless claims, Building Permits for February, and Monthly Industrial Production for February are also scheduled to be reported today.

Technical analysis

Pound - US Dollar Analysis Technical analysis 17/03/2022
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 17/03/2022

Support & Resistance Level Explanation
Resistance 2 1.3181 Daily R2
Resistance 1 1.3142 Daily R1
Support 1 1.3066 Daily S1
Support 2 1.3031 Daily S2

GBPUSD Indicator Table - 17/03/2022

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

GBPUSD Indicator / Period Table - 17/03/2022

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

GBPUSD 17/03/2022 - Reference Price : 1.3091

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