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 31/08/2023

Fundamental analysis

31 August, 2023

During European trading, the British Pound edged steadily against the US dollar compared to yesterday and is trading at 1.2681. The U.K has no economic events scheduled to report. The United States has a few economic events this week including US Q2 GDP numbers and initial jobless claims.

Technical analysis

Pound - US Dollar Analysis Technical analysis 31/08/2023
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 31/08/2023

Support & Resistance Level Explanation
Resistance 2 1.2753 Daily R2
Resistance 1 1.2722 Daily R1
Support 1 1.2638 Daily S1
Support 2 1.2607 Daily S2

GBPUSD Indicator Table - 31/08/2023

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

GBPUSD Indicator / Period Table - 31/08/2023

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

GBPUSD 31/08/2023 - Reference Price : 1.2679

Buy
Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (1)Sell (2)
Share It With Your Network
Pound - US Dollar Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now