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 13/12/2024

Fundamental analysis

13 December, 2024

During European trading, the British Pound increased against the US Dollar trading above 1.2640 levels.

The pound is gaining momentum after reaching more than a one week low. In the UK, GDP data was released showing results worse than expected (1.3% vs 1.6% expected). In the US, Export and Import price indices data will be released (13:30 GMT).

Technical analysis

Pound - US Dollar Analysis Technical analysis 13/12/2024
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 13/12/2024

Support & Resistance Level Explanation
Resistance 2 1.2706 Daily R2
Resistance 1 1.2681 Daily R1
Support 1 1.2615 Daily S1
Support 2 1.2590 Daily S2

GBPUSD Indicator Table - 13/12/2024

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

GBPUSD Indicator / Period Table - 13/12/2024

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

GBPUSD 13/12/2024 - Reference Price : 1.2650

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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Pound - US Dollar Chart
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