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. 70.41% 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 19/07/2022

Fundamental analysis

19 July, 2022

The Pound was stronger against the U.S Dollar today. It is currently trading at 1.2005. The U.K reported the Average Earnings Index +Bonus for May at 6.2% vs 6.7% expected. Employment Change 3M/3M Month-on-Month for May printed 296k vs 170k. Unemployment for May printed 3.8%. The consensus was 3.9%. The United States will print Housing Starts Month-on-Month for June later today. Building Permits for June are also set to report.

Technical analysis

Pound - US Dollar Analysis Technical analysis 19/07/2022
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 19/07/2022

Support & Resistance Level Explanation
Resistance 2 1.2103 Daily R2
Resistance 1 1.2076 Daily R1
Support 1 1.1971 Daily S1
Support 2 1.1935 Daily S2

GBPUSD Indicator Table - 19/07/2022

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

GBPUSD Indicator / Period Table - 19/07/2022

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

GBPUSD 19/07/2022 - Reference Price : 1.2021

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