During Asian trading, the British pound strengthened against the US dollar. Today at 08:00 a.m, in the United Kingdom, data on retail sales will be published, while at 2:30 p.m, in the USA, the personal consumption index (PCE) will be published, as well as data on durable goods orders, which may be reflected in the exchange rate of this currency pair. During trading so far, the British pound is being exchanged for 1.2338 US dollars.
Pound - US Dollar Analysis
EU Session Analysis for CFD Instruments 26/05/2023
Technical analysis
Time Frame: 1 hour
GBPUSD Support & Resistance Table - 26/05/2023
Support & Resistance | Level | Explanation |
Resistance 2 | 1.2399 | Daily R2 |
Resistance 1 | 1.2373 | Daily R1 |
Support 1 | 1.2303 | Daily S1 |
Support 2 | 1.2277 | Daily S2 |
GBPUSD Indicator Table - 26/05/2023
Indicator | Signal |
SMA 20 | Sell |
SMA 50 | Sell |
SMA 100 | Sell |
MACD( 12;26;9) | Sell |
RSI (14) | Buy |
Stochastic ( 9;6;3) | Buy |
GBPUSD Indicator / Period Table - 26/05/2023
Indicator / Period | Day - Sell | Week - Buy | Month - Sell |
MACD( 12;26;9) | Sell | Buy | Sell |
RSI (14) | Buy | Neutral | Neutral |
SMA 20 | Sell | Buy | Sell |
GBPUSD 26/05/2023 - Reference Price : 1.2336
Sell |
|
Ready for trading?Start Now