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. 70.41% 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 21/01/2022

Fundamental analysis

21 January, 2022

The British Pound USD currency pair inched lower to 1.3592 during the Asian session. The Pound rallied higher on Thursday. The UK’s RICS House Price Balance for December printed at 69%. In the United States, Initial Jobless Claims for the past week came in worse than expected at 286,000. The Philadelphia Fed Manufacturing Index for January beat its estimate printing at 23.2 versus the 20.0 that had been expected. Existing Home Sales for December fell 4.6%, Month-over-Month.

Technical analysis

Pound - US Dollar Analysis Technical analysis 21/01/2022
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 21/01/2022

Support & Resistance Level Explanation
Resistance 2 1.3637 Daily R2
Resistance 1 1.3614 Daily R1
Support 1 1.3556 Daily S1
Support 2 1.3534 Daily S2

GBPUSD Indicator Table - 21/01/2022

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

GBPUSD Indicator / Period Table - 21/01/2022

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

GBPUSD 21/01/2022 - Reference Price : 1.3585

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