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 21/02/2022

Fundamental analysis

21 February, 2022

The British Pound USD currency pair increased to 1.3620 during the Asian session. The Pound fell on Friday. The UK’s Retail Sales for January rose 1.9%, Month-over-Month, and climbed 9.1%, Year-over-Year. In the United States, Retail Sales for January printed at 6.50 million, rising 6.7%, Month-over-Month. Analysts had predicted a drop of 1.0%.

Technical analysis

Pound - US Dollar Analysis Technical analysis 21/02/2022
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 21/02/2022

Support & Resistance Level Explanation
Resistance 2 1.3672 Daily R2
Resistance 1 1.3650 Daily R1
Support 1 1.3590 Daily S1
Support 2 1.3568 Daily S2

GBPUSD Indicator Table - 21/02/2022

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

GBPUSD Indicator / Period Table - 21/02/2022

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

GBPUSD 21/02/2022 - Reference Price : 1.3623

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