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. 76% 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 15/05/2024

Fundamental analysis

15 May, 2024

During European trading, the British Pound was higher against the US Dollar, trading above 1.2600 levels.

The UK is not expected to release any major data today. The United States is expected to release Consumer Price Index data.

Technical analysis

Pound - US Dollar Analysis Technical analysis 15/05/2024
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 15/05/2024

Support & Resistance Level Explanation
Resistance 2 1.2649 Daily R2
Resistance 1 1.2632 Daily R1
Support 1 1.2587 Daily S1
Support 2 1.2570 Daily S2

GBPUSD Indicator Table - 15/05/2024

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 - 15/05/2024

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

GBPUSD 15/05/2024 - Reference Price : 1.2605

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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