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 27/07/2022

Fundamental analysis

27 July, 2022

The Pound was stronger against the U.S Dollar today. It is currently trading at 1.2065. The U.K has no economic events scheduled to report later today. The United States will print Core Durable Goods Orders for June later today. The Federal Reserve is also set to make an interest rate decision today, while Pending Home Sales Month-on-Month for June will also be reported.

Technical analysis

Pound - US Dollar Analysis Technical analysis 27/07/2022
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 27/07/2022

Support & Resistance Level Explanation
Resistance 2 1.2136 Daily R2
Resistance 1 1.2100 Daily R1
Support 1 1.2004 Daily S1
Support 2 1.1968 Daily S2

GBPUSD Indicator Table - 27/07/2022

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

GBPUSD Indicator / Period Table - 27/07/2022

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

GBPUSD 27/07/2022 - Reference Price : 1.2059

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