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. 70.41% 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 24/11/2022

Fundamental analysis

24 November, 2022

The Pound dollar currency pair slightly increased during the Asian session. The pair is trading at 1.2017. The U.K reported Services PMI at 48,8 vs 48.0 expected. Manufacturing PMI was reported at 46.2 vs 45.7 expected. The Composite PMI was reported at 48.3. The consensus was 47.2 The United States printed Initial Jobless Claims at 240k. The consensus was 225k. New Home Sales Month-on-Month for October was reported at 632k vs 570k expected. Michigan Consumer Sentiment for November was reported at 56.8 vs 55.0 expected. Core Durable Goods Orders Month-on-Month for October printed 0.5% vs 0.1% expected.

Technical analysis

Pound - US Dollar Analysis Technical analysis 24/11/2022
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 24/11/2022

Support & Resistance Level Explanation
Resistance 2 1.2187 Daily R2
Resistance 1 1.2146 Daily R1
Support 1 1.2037 Daily S1
Support 2 1.1996 Daily S2

GBPUSD Indicator Table - 24/11/2022

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

GBPUSD Indicator / Period Table - 24/11/2022

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

GBPUSD 24/11/2022 - Reference Price : 1.2084

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (2)
Share It With Your Network
Pound - US Dollar Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now