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 04/09/2024

Fundamental analysis

04 September, 2024

During European trading, the British Pound increased against the US Dollar, trading above 1.3100 levels.

There is no major economic data due to be released in the UK today. In the United States, JOLTS Jobs openings data will be published this afternoon.

Technical analysis

Pound - US Dollar Analysis Technical analysis 04/09/2024
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 04/09/2024

Support & Resistance Level Explanation
Resistance 2 1.3164 Daily R2
Resistance 1 1.3143 Daily R1
Support 1 1.3085 Daily S1
Support 2 1.3063 Daily S2

GBPUSD Indicator Table - 04/09/2024

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

GBPUSD Indicator / Period Table - 04/09/2024

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

GBPUSD 04/09/2024 - Reference Price : 1.3116

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