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 25/06/2021

Fundamental analysis

25 June, 2021

The British Pound USD currency pair was broadly unchanged at 1.3923 during the Asian session. The Pound got slammed on Thursday after the Bank of England made it clear that rate hikes were a long way off. The Bank left rates unchanged at 0.10% as expected and left their level of Quantitative Easing unchanged at 875 billion pounds. In the United States, Core Durable Goods Orders for May climbed less than expected at 0.3%, Month-over-Month. The consensus forecast was 0.8%. Initial Jobless Claims in the United States for the past week were worse than predicted coming in at 411,000 new claims versus 380,000 expected.

Technical analysis

Pound - US Dollar Analysis Technical analysis 25/06/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 25/06/2021

Support & Resistance Level Explanation
Resistance 2 1.4008 Daily R2
Resistance 1 1.3973 Daily R1
Support 1 1.3880 Daily S1
Support 2 1.3845 Daily S2

GBPUSD Indicator Table - 25/06/2021

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

GBPUSD Indicator / Period Table - 25/06/2021

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

GBPUSD 25/06/2021 - Reference Price : 1.3925

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