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 22/02/2024

Fundamental analysis

22 February, 2024

During European trading, the British Pound increased against the US Dollar and is trading at 1.2674. In the UK no major data releases are scheduled today. In the United States Initial Jobless Claims and Manufacturing PMI data will be released this afternoon.

Technical analysis

Pound - US Dollar Analysis Technical analysis 22/02/2024
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 22/02/2024

Support & Resistance Level Explanation
Resistance 2 1.2732 Daily R2
Resistance 1 1.2713 Daily R1
Support 1 1.2663 Daily S1
Support 2 1.2644 Daily S2

GBPUSD Indicator Table - 22/02/2024

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

GBPUSD Indicator / Period Table - 22/02/2024

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

GBPUSD 22/02/2024 - Reference Price : 1.2672

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