CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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 15/07/2024

Fundamental analysis

15 July, 2024

During European trading, the British Pound edged lower against the US Dollar, trading below 1.3000 levels.

In the UK no major economic data is expected. In the United States, Jerome Powell is set to speak later today.

Technical analysis

Pound - US Dollar Analysis Technical analysis 15/07/2024
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 15/07/2024

Support & Resistance Level Explanation
Resistance 2 1.3022 Daily R2
Resistance 1 1.3001 Daily R1
Support 1 1.2945 Daily S1
Support 2 1.2924 Daily S2

GBPUSD Indicator Table - 15/07/2024

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

GBPUSD Indicator / Period Table - 15/07/2024

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

GBPUSD 15/07/2024 - Reference Price : 1.2974

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