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 21/02/2024

Fundamental analysis

21 February, 2024

During European trading, the British Pound was slightly lower against the US Dollar and is trading at 1.2614. In the UK no major data releases are scheduled today. In the United States the Federal Reserve will release its minutes from its January meeting this afternoon.

Technical analysis

Pound - US Dollar Analysis Technical analysis 21/02/2024
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 21/02/2024

Support & Resistance Level Explanation
Resistance 2 1.2661 Daily R2
Resistance 1 1.2640 Daily R1
Support 1 1.2584 Daily S1
Support 2 1.2563 Daily S2

GBPUSD Indicator Table - 21/02/2024

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

GBPUSD Indicator / Period Table - 21/02/2024

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

GBPUSD 21/02/2024 - Reference Price : 1.2612

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