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 11/11/2024

Fundamental analysis

11 November, 2024

During Asian trading, the British Pound declined against the US Dollar trading above 1.2900 levels.

On Friday the pound weakened against the dollar reaching levels below 1.2900. In the UK, no new economic data will be published today. In the United States, no new economic data will be published today.

Technical analysis

Pound - US Dollar Analysis Technical analysis 11/11/2024
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 11/11/2024

Support & Resistance Level Explanation
Resistance 2 1.2998 Daily R2
Resistance 1 1.2962 Daily R1
Support 1 1.2865 Daily S1
Support 2 1.2828 Daily S2

GBPUSD Indicator Table - 11/11/2024

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

GBPUSD Indicator / Period Table - 11/11/2024

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

GBPUSD 11/11/2024 - Reference Price : 1.2913

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