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 05/04/2022

Fundamental analysis

05 April, 2022

The British Pound is trading slightly higher on Tuesday. It is currently 1.3135. The U.K reported Services PMI for March of 62.6. The consensus was 61.0. Composite PMI reported 60.9 vs 59.7 expected. The United States will report the Trade Balance for February later today. Services PMI for March will also print today.

Technical analysis

Pound - US Dollar Analysis Technical analysis 05/04/2022
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 05/04/2022

Support & Resistance Level Explanation
Resistance 2 1.3179 Daily R2
Resistance 1 1.3157 Daily R1
Support 1 1.3096 Daily S1
Support 2 1.3074 Daily S2

GBPUSD Indicator Table - 05/04/2022

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

GBPUSD Indicator / Period Table - 05/04/2022

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

GBPUSD 05/04/2022 - Reference Price : 1.3132

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