CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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 26/10/2022

Fundamental analysis

26 October, 2022

The Pound dollar currency pair edged lower during the Asian session. The pair is trading at 1.1461. The U.K print CBI Industrial Trends Orders for October at -4 vs -12 expected. The United States printed CB Consumer Confidence for October at 102.5. The consensus was 106.5. New Home Sales Month-on-Month for September is set to print later today.

Technical analysis

Pound - US Dollar Analysis Technical analysis 26/10/2022
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 26/10/2022

Support & Resistance Level Explanation
Resistance 2 1.1612 Daily R2
Resistance 1 1.1550 Daily R1
Support 1 1.1382 Daily S1
Support 2 1.1319 Daily S2

GBPUSD Indicator Table - 26/10/2022

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

GBPUSD Indicator / Period Table - 26/10/2022

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

GBPUSD 26/10/2022 - Reference Price : 1.1460

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