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 26/08/2024

Fundamental analysis

26 August, 2024

During European trading, the British Pound declined against the US Dollar, below 1.3200 levels.

There is no major economic data due to be released in the UK today. In the United States Durable Goods Orders data will be posted this afternoon.

Technical analysis

Pound - US Dollar Analysis Technical analysis 26/08/2024
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 26/08/2024

Support & Resistance Level Explanation
Resistance 2 1.3248 Daily R2
Resistance 1 1.3222 Daily R1
Support 1 1.3152 Daily S1
Support 2 1.3126 Daily S2

GBPUSD Indicator Table - 26/08/2024

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 - 26/08/2024

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

GBPUSD 26/08/2024 - Reference Price : 1.3189

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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