CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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 27/10/2022

Fundamental analysis

27 October, 2022

The Pound was lower against the U.S Dollar today. It is currently trading at 1.1560. The U.K has no economic events scheduled to report. The United States GDP for Q3 and Core Durable Goods Orders Month-on-Month for September will print later today. Initial Jobless Claims will also print.

Technical analysis

Pound - US Dollar Analysis Technical analysis 27/10/2022
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 27/10/2022

Support & Resistance Level Explanation
Resistance 2 1.17179 Daily R2
Resistance 1 1.16524 Daily R1
Support 1 1.14779 Daily S1
Support 2 1.14124 Daily S2

GBPUSD Indicator Table - 27/10/2022

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 - 27/10/2022

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

GBPUSD 27/10/2022 - Reference Price : 1.15652

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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