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. 70.41% 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 14/11/2024

Fundamental analysis

14 November, 2024

During European trading, the British Pound fell against the US Dollar trading below 1.2700 levels.
Earlier in the day the pair also fell, following concerns over Trump’s new trade policies. In the UK, Bank of England Governor Bailey will speak (21:00 GMT). In the United States, Month on Month PPI Inflation data for October (0.2% expected) will be released (13:30 GMT), US Initial Jobless Claims data (224k expected) will be posted (13:30 GMT) and Fed Chair Powell will speak (20:00 GMT).

Technical analysis

Pound - US Dollar Analysis Technical analysis 14/11/2024
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 14/11/2024

Support & Resistance Level Explanation
Resistance 2 1.2709 Daily R2
Resistance 1 1.2676 Daily R1
Support 1 1.2590 Daily S1
Support 2 1.2557 Daily S2

GBPUSD Indicator Table - 14/11/2024

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

GBPUSD Indicator / Period Table - 14/11/2024

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

GBPUSD 14/11/2024 - Reference Price : 1.2637

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