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 24/06/2024

Fundamental analysis

24 June, 2024

During European trading, the British Pound increased against the US Dollar, trading above 1.2660 levels.

There will be no major data releases in the UK today. In the United States a number of Fed officials will speak including Chris Waller and Mary Daly.

Technical analysis

Pound - US Dollar Analysis Technical analysis 24/06/2024
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 24/06/2024

Support & Resistance Level Explanation
Resistance 2 1.2701 Daily R2
Resistance 1 1.2685 Daily R1
Support 1 1.2643 Daily S1
Support 2 1.2627 Daily S2

GBPUSD Indicator Table - 24/06/2024

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 - 24/06/2024

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

GBPUSD 24/06/2024 - Reference Price : 1.2664

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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