CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% 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. 67.52% 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 01/11/2023

Fundamental analysis

01 November, 2023

During European trading, the British Pound inched lower against the US Dollar and is trading at 1.2133. The UK reported Nationwide HPI Year-on-Year for October at -3.3% vs -4.8% expected. The United States will be reporting JOLTs Job Openings for September later today. The ISM Manufacturing PMI for October will also be reported. The Federal Reserve will also make an Interest Rate decision later today.

Technical analysis

Pound - US Dollar Analysis Technical analysis 01/11/2023
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 01/11/2023

Support & Resistance Level Explanation
Resistance 2 1.21836 Daily R2
Resistance 1 1.21612 Daily R1
Support 1 1.21014 Daily S1
Support 2 1.20790 Daily S2

GBPUSD Indicator Table - 01/11/2023

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

GBPUSD Indicator / Period Table - 01/11/2023

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

GBPUSD 01/11/2023 - Reference Price : 1.21313

Sell
Simple Moving AverageBuy (0)Sell (3)
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