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 05/09/2022

Fundamental analysis

05 September, 2022

The Pound dollar currency pair fell during the Asian session. The pair is trading at 1.1450. The U.K reported a Manufacturing PMI for August at 47.3. Nationwide HPI Year-on-Year for August printed 10.0%. The United States reported ISM Manufacturing PMI for August came in at 54.2. The consensus was 49.0. Initial Jobless Claims reported 232k vs 248k expected.

Technical analysis

Pound - US Dollar Analysis Technical analysis 05/09/2022
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 05/09/2022

Support & Resistance Level Explanation
Resistance 2 1.1525 Daily R2
Resistance 1 1.1493 Daily R1
Support 1 1.1405 Daily S1
Support 2 1.1373 Daily S2

GBPUSD Indicator Table - 05/09/2022

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 - 05/09/2022

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

GBPUSD 05/09/2022 - Reference Price : 1.1450

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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