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. 70.41% 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 21/12/2022

Fundamental analysis

21 December, 2022

The Pound dollar currency pair fell during the Asian session. The pair is trading at 1.2161. The U.K has no economic events scheduled to report. The United States reported Housing Starts for November at 1.427m vs 1.400m expected. The Building Permits for November printed 1.342m. The consensus was 1.485m. CB Consumer Confidence for December and Existing Home Sales for November will be reported today.

Technical analysis

Pound - US Dollar Analysis Technical analysis 21/12/2022
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 21/12/2022

Support & Resistance Level Explanation
Resistance 2 1.2264 Daily R2
Resistance 1 1.2220 Daily R1
Support 1 1.2102 Daily S1
Support 2 1.2060 Daily S2

GBPUSD Indicator Table - 21/12/2022

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

GBPUSD Indicator / Period Table - 21/12/2022

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

GBPUSD 21/12/2022 - Reference Price : 1.2156

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