CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Pound - US Dollar Analysis

EU Session Analysis for CFD Instruments 24/04/2024

Fundamental analysis

24 April, 2024

During Asian trading, the British Pound was slightly higher against the US Dollar, trading above 1.2400 levels.

The UK has no major economic data for release today. The United States is expected to release Durable Goods Orders data.

Technical analysis

Pound - US Dollar Analysis Technical analysis 24/04/2024
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 24/04/2024

Support & Resistance Level Explanation
Resistance 2 1.2514 Daily R2
Resistance 1 1.2488 Daily R1
Support 1 1.2418 Daily S1
Support 2 1.2392 Daily S2

GBPUSD Indicator Table - 24/04/2024

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

GBPUSD Indicator / Period Table - 24/04/2024

Indicator / Period Day - BuyWeek - SellMonth - Sell
MACD( 12;26;9) Sell SellSell
RSI (14) Buy SellSell
SMA 20 Buy SellSell

GBPUSD 24/04/2024 - Reference Price : 1.2452

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