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. 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 15/10/2024

Fundamental analysis

15 October, 2024

During European trading, the British Pound increased against the US Dollar trading above 1.3000 levels.

The pound dollar pair climbed and recorded a five day high as the greenback showed some signs of weakening against most of its rivals in the European session. In the UK, Claimant Count data for September was 27.9 vs 20.2k expected. In the United States, NY Empire State Manufacturing data will be posted (13:30 GMT+1).

Technical analysis

Pound - US Dollar Analysis Technical analysis 15/10/2024
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 15/10/2024

Support & Resistance Level Explanation
Resistance 2 1.3116 Daily R2
Resistance 1 1.3101 Daily R1
Support 1 1.3061 Daily S1
Support 2 1.3046 Daily S2

GBPUSD Indicator Table - 15/10/2024

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

GBPUSD Indicator / Period Table - 15/10/2024

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

GBPUSD 15/10/2024 - Reference Price : 1.3081

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