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 29/09/2021

Fundamental analysis

29 September, 2021

The British Pound USD currency pair increased to 1.3548 during the Asian session. The Pound got slaughtered on Tuesday, tumbling over 1.3%. The UK’s energy crisis is taking its toll on the currency. The UK’s economic calendar was empty. The CB Consumer Confidence in the United States for September came in at 109.3, Analysts had predicted 114.5. The Case-Shiller Composite-20 Home Price Index in the United States for July just missed its forecasts, rising 1.5%, Month-over-Month, and climbing 19.9%, Year-over-Year.

Technical analysis

Pound - US Dollar Analysis Technical analysis 29/09/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 29/09/2021

Support & Resistance Level Explanation
Resistance 2 1.3628 Daily R2
Resistance 1 1.3594 Daily R1
Support 1 1.3504 Daily S1
Support 2 1.3470 Daily S2

GBPUSD Indicator Table - 29/09/2021

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 - 29/09/2021

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

GBPUSD 29/09/2021 - Reference Price : 1.3541

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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