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 28/02/2023

Fundamental analysis

28 February, 2023

The Pound dollar currency pair fell during the Asian session. The pair is trading at 1.2040. The U.K has no economic events scheduled to report. The United States will report Chicago PMI for February later today. CB Consumer Confidence for February is also set to be printed.

Technical analysis

Pound - US Dollar Analysis Technical analysis 28/02/2023
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 28/02/2023

Support & Resistance Level Explanation
Resistance 2 1.2136 Daily R2
Resistance 1 1.2100 Daily R1
Support 1 1.2004 Daily S1
Support 2 1.1968 Daily S2

GBPUSD Indicator Table - 28/02/2023

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

GBPUSD Indicator / Period Table - 28/02/2023

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

GBPUSD 28/02/2023 - Reference Price : 1.2047

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