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 19/05/2023

Fundamental analysis

19 May, 2023

During European trading, the British pound strengthened against the US dollar. Today at 17:00, the president of the US Federal Reserve, Jerome Powell, will address the public, which could affect the exchange rate of this currency pair. Today, the British pound is being exchanged for 1.2435 US dollars.

Technical analysis

Pound - US Dollar Analysis Technical analysis 19/05/2023
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 19/05/2023

Support & Resistance Level Explanation
Resistance 2 1.2492 Daily R2
Resistance 1 1.2465 Daily R1
Support 1 1.2391 Daily S1
Support 2 1.2364 Daily S2

GBPUSD Indicator Table - 19/05/2023

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

GBPUSD Indicator / Period Table - 19/05/2023

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

GBPUSD 19/05/2023 - Reference Price : 1.2433

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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Pound - US Dollar Chart
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