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. 70.41% 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 12/04/2024

Fundamental analysis

12 April, 2024

During European trading, the British Pound was lower against the US Dollar, trading below 1.2500 levels.

The UK reported GDP growth of 0.1% as expected, earlier today. Today, no significant data for the United States are anticipated to be released.

Technical analysis

Pound - US Dollar Analysis Technical analysis 12/04/2024
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 12/04/2024

Support & Resistance Level Explanation
Resistance 2 1.2535 Daily R2
Resistance 1 1.2509 Daily R1
Support 1 1.2439 Daily S1
Support 2 1.2412 Daily S2

GBPUSD Indicator Table - 12/04/2024

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

GBPUSD Indicator / Period Table - 12/04/2024

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

GBPUSD 12/04/2024 - Reference Price : 1.2467

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