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 25/08/2022

Fundamental analysis

25 August, 2022

The Pound dollar currency pair rose during the Asian session. The pair is trading at 1.1824. The U.K had no economic events scheduled to report. The United States reported Pending Home Sales Month-on-Month for July at -1.0%. The consensus was -4.0%. Core Durable Goods Orders Month-on-Month for July printed 0.3% vs 0.2% expected.

Technical analysis

Pound - US Dollar Analysis Technical analysis 25/08/2022
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 25/08/2022

Support & Resistance Level Explanation
Resistance 2 1.1924 Daily R2
Resistance 1 1.1886 Daily R1
Support 1 1.1785 Daily S1
Support 2 1.1747 Daily S2

GBPUSD Indicator Table - 25/08/2022

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

GBPUSD Indicator / Period Table - 25/08/2022

Indicator / Period Day - BuyWeek - SellMonth - Sell
MACD( 12;26;9) Sell SellSell
RSI (14) Buy SellSell
SMA 20 Buy SellSell

GBPUSD 25/08/2022 - Reference Price : 1.1829

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