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

EU Session Analysis for CFD Instruments 19/04/2021

Fundamental analysis

19 April, 2021

The British Pound USD currency pair edged upwards to 1.3853 during the Asian session. The Pound rose sharply on Friday after a brief but steep drop in the morning. The UK’s economic calendar was empty on Friday. Building Permits in the United States rose 2.7% in March, with a total of 1.766 million permits. Michigan Consumer Sentiment for April printed at 86.5. The consensus forecast was 89.6.

Technical analysis

Pound - US Dollar Analysis Technical analysis 19/04/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 19/04/2021

Support & Resistance Level Explanation
Resistance 2 1.3912 Daily R2
Resistance 1 1.3887 Daily R1
Support 1 1.3820 Daily S1
Support 2 1.3796 Daily S2

GBPUSD Indicator Table - 19/04/2021

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

GBPUSD Indicator / Period Table - 19/04/2021

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

GBPUSD 19/04/2021 - Reference Price : 1.3850

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