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 22/12/2022

Fundamental analysis

22 December, 2022

The Pound fell against the U.S Dollar today. It is currently trading at 1.2086. The U.K reported GDP Quarter-on-Quarter for Q3 at -0.3% vs -0.2% expected. Year-on-Year GDP for Q3 reported 1.9% vs 2.4% expected. The United States will report a third reading of Quarter-on-Quarter GDP for Q3 later today. Initial Jobless Claims are also set to print.

Technical analysis

Pound - US Dollar Analysis Technical analysis 22/12/2022
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 22/12/2022

Support & Resistance Level Explanation
Resistance 2 1.2159 Daily R2
Resistance 1 1.2113 Daily R1
Support 1 1.1991 Daily S1
Support 2 1.1945 Daily S2

GBPUSD Indicator Table - 22/12/2022

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

GBPUSD Indicator / Period Table - 22/12/2022

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

GBPUSD 22/12/2022 - Reference Price : 1.2038

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