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 10/07/2024

Fundamental analysis

10 July, 2024

During European trading, the British Pound went up against the US Dollar, trading above 1.2800 levels.

In the UK, no major data is expected. In the United States, no significant data is expected.

Technical analysis

Pound - US Dollar Analysis Technical analysis 10/07/2024
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 10/07/2024

Support & Resistance Level Explanation
Resistance 2 1.2847 Daily R2
Resistance 1 1.2830 Daily R1
Support 1 1.2785 Daily S1
Support 2 1.2768 Daily S2

GBPUSD Indicator Table - 10/07/2024

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

GBPUSD Indicator / Period Table - 10/07/2024

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

GBPUSD 10/07/2024 - Reference Price : 1.2805

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