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 11/02/2022

Fundamental analysis

11 February, 2022

The British Pound USD currency pair fell to 1.3535 during the Asian session. The Pound rallied on Thursday. The UK’s RICS House Price Balance printed at 74%. The UK’s PCSI for February came in at 51.7. In the United States, Initial Jobless Claims for the past week were 223,000, less than the 230,000 analysts had predicted. The CPI for January printed at 7.5%. The consensus forecast was 7.3%.

Technical analysis

Pound - US Dollar Analysis Technical analysis 11/02/2022
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 11/02/2022

Support & Resistance Level Explanation
Resistance 2 1.3577 Daily R2
Resistance 1 1.3553 Daily R1
Support 1 1.3487 Daily S1
Support 2 1.3462 Daily S2

GBPUSD Indicator Table - 11/02/2022

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

GBPUSD Indicator / Period Table - 11/02/2022

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

GBPUSD 11/02/2022 - Reference Price : 1.3518

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