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. 73.43% 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 28/02/2024

Fundamental analysis

28 February, 2024

During European trading, the British Pound fell against the US Dollar and is trading at 1.2638. In the UK no major data releases are scheduled today. In the United States GDP (Q4) data will be released this afternoon.

Technical analysis

Pound - US Dollar Analysis Technical analysis 28/02/2024
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 28/02/2024

Support & Resistance Level Explanation
Resistance 2 1.2687 Daily R2
Resistance 1 1.2670 Daily R1
Support 1 1.2628 Daily S1
Support 2 1.2611 Daily S2

GBPUSD Indicator Table - 28/02/2024

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

GBPUSD Indicator / Period Table - 28/02/2024

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

GBPUSD 28/02/2024 - Reference Price : 1.2653

Buy
Simple Moving AverageBuy (2)Sell (1)
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