CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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 17/02/2023

Fundamental analysis

17 February, 2023

The Pound is higher against the U.S Dollar today and trading around 1.1932. The U.K reported Retail Sales Month-on-month for January at 0.5% vs -0.3%. Core Retail Sales Month-on-Month reported 0.4% vs 0.0%. The United States has no economic events scheduled to report.

Technical analysis

Pound - US Dollar Analysis Technical analysis 17/02/2023
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 17/02/2023

Support & Resistance Level Explanation
Resistance 2 1.2029 Daily R2
Resistance 1 1.1989 Daily R1
Support 1 1.1883 Daily S1
Support 2 1.1843 Daily S2

GBPUSD Indicator Table - 17/02/2023

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

GBPUSD Indicator / Period Table - 17/02/2023

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

GBPUSD 17/02/2023 - Reference Price : 1.1930

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