CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Pound - US Dollar Analysis

US Session Analysis for CFD Instruments 11/06/2024

Fundamental analysis

11 June, 2024

During European trading, the British Pound was marginally lower against the US Dollar, trading below 1.2800 levels.

The UK reported Unemployment Rate data that came in higher than expected (4.4% vs 4.3%) today. The United States is expected to release no significant data today.

Technical analysis

Pound - US Dollar Analysis Technical analysis 11/06/2024
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 11/06/2024

Support & Resistance Level Explanation
Resistance 2 1.2782 Daily R2
Resistance 1 1.2763 Daily R1
Support 1 1.2715 Daily S1
Support 2 1.2696 Daily S2

GBPUSD Indicator Table - 11/06/2024

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

GBPUSD Indicator / Period Table - 11/06/2024

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

GBPUSD 11/06/2024 - Reference Price : 1.2739

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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Pound - US Dollar Chart
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