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. 70.91% 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 14/10/2024

Fundamental analysis

14 October, 2024

During Asian trading, the British Pound was slightly higher against the US Dollar trading above 1.3000 levels.

The GBP/USD pair struggled to capitalize on Friday's slight gains but managed to inch higher in the Asian session. In the UK, House Price Index data (0.8% last month) will be posted today (07:30 GMT+1). In the United States, Fed member Waller will speak (20:00 GMT+1).

Technical analysis

Pound - US Dollar Analysis Technical analysis 14/10/2024
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 14/10/2024

Support & Resistance Level Explanation
Resistance 2 1.3096 Daily R2
Resistance 1 1.3079 Daily R1
Support 1 1.3023 Daily S1
Support 2 1.3016 Daily S2

GBPUSD Indicator Table - 14/10/2024

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

GBPUSD Indicator / Period Table - 14/10/2024

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

GBPUSD 14/10/2024 - Reference Price : 1.3061

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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