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 10/04/2024

Fundamental analysis

10 April, 2024

During Asian trading, the British Pound was marginally higher against the US Dollar, trading above 1.2600 levels.

The UK will not be posting any significant economic data today. Today, CPI Inflation data for the United States are anticipated to be released.

Technical analysis

Pound - US Dollar Analysis Technical analysis 10/04/2024
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 10/04/2024

Support & Resistance Level Explanation
Resistance 2 1.2723 Daily R2
Resistance 1 1.2703 Daily R1
Support 1 1.2651 Daily S1
Support 2 1.2631 Daily S2

GBPUSD Indicator Table - 10/04/2024

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

GBPUSD Indicator / Period Table - 10/04/2024

Indicator / Period Day - BuyWeek - BuyMonth - Buy
MACD( 12;26;9) Buy BuySell
RSI (14) Neutral NeutralNeutral
SMA 20 Buy BuyBuy

GBPUSD 10/04/2024 - Reference Price : 1.2674

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