CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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. 75% 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

US Session Analysis for CFD Instruments 30/07/2021

Fundamental analysis

30 July, 2021

The British Pound increased on Friday. It is presently 1.3979. The dollar has been falling against a basket of other currencies after the Fed announced no change to its rate policy or on tapering at its meeting on Wednesday. US GDP data and Initial jobless claims data also came in worse than expected on Thursday. There was no important data from the UK today.

Technical analysis

Pound - US Dollar Analysis Technical analysis 30/07/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 30/07/2021

Support & Resistance Level Explanation
Resistance 2 1.4032 Daily R2
Resistance 1 1.4006 Daily R1
Support 1 1.3936 Daily S1
Support 2 1.3910 Daily S2

GBPUSD Indicator Table - 30/07/2021

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

GBPUSD Indicator / Period Table - 30/07/2021

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

GBPUSD 30/07/2021 - Reference Price : 1.3965

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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Pound - US Dollar Chart
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