CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% 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. 67.52% 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 25/10/2022

Fundamental analysis

25 October, 2022

The Pound dollar currency pair increased during the Asian session. The pair is trading at 1.1291. The U.K reported Composite PMI at 47.2 vs 48.1 expected. Manufacturing PMI printed 45.8. The consensus was 48.0. Services PMI reported 47.5 vs 49.6 expected. The United States printed S&P Global Composite PMI printed 47.3 vs 49.3 expected. Services PMI was reported at 46.6 vs 49.2 expected. Manufacturing PMI reported 49.9. The consensus was 51.0. CB Consumer Confidence for October is set to be reported later today.

Technical analysis

Pound - US Dollar Analysis Technical analysis 25/10/2022
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 25/10/2022

Support & Resistance Level Explanation
Resistance 2 1.1427 Daily R2
Resistance 1 1.1368 Daily R1
Support 1 1.1213 Daily S1
Support 2 1.1154 Daily S2

GBPUSD Indicator Table - 25/10/2022

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

GBPUSD Indicator / Period Table - 25/10/2022

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

GBPUSD 25/10/2022 - Reference Price : 1.1282

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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Pound - US Dollar Chart
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