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 03/12/2024

Fundamental analysis

03 December, 2024

During European trading, the British Pound increased against the US Dollar trading below 1.2700 levels.
The currency pair is on the rise, given the fact that traders are reducing the chances of an interest rate cut by the Bank of England on December 19th. In the UK, Retail Sale Monitor for November (0.6% exp) will be posted (00:01 GMT). In the United States, JOLTS Jobs Openings for October (7.49 mln exp) will be released (15:00 GMT).

Technical analysis

Pound - US Dollar Analysis Technical analysis 03/12/2024
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 03/12/2024

Support & Resistance Level Explanation
Resistance 2 1.2732 Daily R2
Resistance 1 1.2704 Daily R1
Support 1 1.2628 Daily S1
Support 2 1.2600 Daily S2

GBPUSD Indicator Table - 03/12/2024

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

GBPUSD Indicator / Period Table - 03/12/2024

Indicator / Period Day - BuyWeek - SellMonth - Sell
MACD( 12;26;9) Buy SellBuy
RSI (14) Buy SellNeutral
SMA 20 Sell SellSell

GBPUSD 03/12/2024 - Reference Price : 1.2664

Buy
Simple Moving AverageBuy (1)Sell (2)
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