CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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

US Session Analysis for CFD Instruments 11/07/2023

Fundamental analysis

11 July, 2023

During European trading, the British pound was higher against the US dollar. It is trading around 1.2903. The U.K reported the Unemployment Rate for May at 4.0% vs 3.8% expected. Employment Change 3M/3M Month-on-Month for May was reported at 102k vs 125k expected. The United States has no economic events scheduled to report.

Technical analysis

Pound - US Dollar Analysis Technical analysis 11/07/2023
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 11/07/2023

Support & Resistance Level Explanation
Resistance 2 1.29940 Daily R2
Resistance 1 1.29669 Daily R1
Support 1 1.28947 Daily S1
Support 2 1.28676 Daily S2

GBPUSD Indicator Table - 11/07/2023

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

GBPUSD Indicator / Period Table - 11/07/2023

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

GBPUSD 11/07/2023 - Reference Price : 1.29308

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (3)Sell (0)
Share It With Your Network
Pound - US Dollar Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now