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 11/05/2021

Fundamental analysis

11 May, 2021

The British Pound USD currency pair was broadly unchanged at 1.4122 during the Asian session. The Pound moved firmly higher on Monday. The UK’s Halifax Price Index for April rose 8.2%, Year-over-Year, and climbed 1.4%, Month-over-Month. The U.S. Conference Board Employment Trends printed at 105.40, an improvement over March’s print of 102.70.

Technical analysis

Pound - US Dollar Analysis Technical analysis 11/05/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 11/05/2021

Support & Resistance Level Explanation
Resistance 2 1.41941 Daily R2
Resistance 1 1.4163 Daily R1
Support 1 1.4090 Daily S1
Support 2 1.4062 Daily S2

GBPUSD Indicator Table - 11/05/2021

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

GBPUSD Indicator / Period Table - 11/05/2021

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

GBPUSD 11/05/2021 - Reference Price : 1.4125

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (1)
Share It With Your Network
Pound - US Dollar Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now