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Pound - US Dollar Analysis

EU Session Analysis for CFD Instruments 23/02/2021

Fundamental analysis

23 February, 2021

The British Pound USD currency pair was slightly higher moving to 1.4053 during the Asian session. The Pound climbed on Monday and remained above the 1.40 level almost all day. The UK’s economic calendar was empty on Monday. In the United States, the Dallas Fed Manufacturing Business index for February came in at 17.2. The U.S. Leading Index for January was reported to be 0.5%.

Technical analysis

Pound - US Dollar Analysis Technical analysis 23/02/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 23/02/2021

Support & Resistance Level Explanation
Resistance 2 1.4131 Daily R2
Resistance 1 1.4102 Daily R1
Support 1 1.4023 Daily S1
Support 2 1.3993 Daily S2

GBPUSD Indicator Table - 23/02/2021

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 - 23/02/2021

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

GBPUSD 23/02/2021 - Reference Price : 1.4059

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