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 19/04/2024

Fundamental analysis

19 April, 2024

During Asian trading, the British Pound fell against the US Dollar, trading below 1.2500 levels.

The UK will be releasing Retail Sales data today. The United States is not expected to release any major economic data.

Technical analysis

Pound - US Dollar Analysis Technical analysis 19/04/2024
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 19/04/2024

Support & Resistance Level Explanation
Resistance 2 1.2464 Daily R2
Resistance 1 1.2441 Daily R1
Support 1 1.2381 Daily S1
Support 2 1.2358 Daily S2

GBPUSD Indicator Table - 19/04/2024

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

GBPUSD Indicator / Period Table - 19/04/2024

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

GBPUSD 19/04/2024 - Reference Price : 1.2410

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