CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Pound - US Dollar Analysis

EU Session Analysis for CFD Instruments 23/04/2024

Fundamental analysis

23 April, 2024

During Asian trading, the British Pound was stable against the US Dollar, trading around 1.2300 levels.

The UK has no major economic data for release today. The United States is expected to release aS&P Manufacturing PMI data.

Technical analysis

Pound - US Dollar Analysis Technical analysis 23/04/2024
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 23/04/2024

Support & Resistance Level Explanation
Resistance 2 1.2394 Daily R2
Resistance 1 1.2371 Daily R1
Support 1 1.2311 Daily S1
Support 2 1.2288 Daily S2

GBPUSD Indicator Table - 23/04/2024

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 - 23/04/2024

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

GBPUSD 23/04/2024 - Reference Price : 1.2342

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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