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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.41% 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 13/06/2022

Fundamental analysis

13 June, 2022

The Pound was weaker against the U.S Dollar today. It is currently trading at 1.2220. The U.K reported Month-on-Month GDP at -0.3% vs 0.1% expected. GDP Year-on-Year printed 3.4%. The consensus was 3.9%. Quarterly GDP printed 0.2% vs 0.4% expected. Manufacturing Production Month-on-Month for April printed -1.0%. The United States has no economic events scheduled for today.

Technical analysis

Pound - US Dollar Analysis Technical analysis 13/06/2022
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 13/06/2022

Support & Resistance Level Explanation
Resistance 2 1.2272 Daily R2
Resistance 1 1.2232 Daily R1
Support 1 1.2131 Daily S1
Support 2 1.2092 Daily S2

GBPUSD Indicator Table - 13/06/2022

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

GBPUSD Indicator / Period Table - 13/06/2022

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

GBPUSD 13/06/2022 - Reference Price : 1.2184

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