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

EU Session Analysis for CFD Instruments 09/06/2021

Fundamental analysis

09 June, 2021

The British Pound USD currency pair was little changed at 1.4154 during the Asian session. The Pound traded lower on Tuesday. The UK’s BRC Retail Sales Monitor for May rose 18.5%, Year-over-Year. In the United States, the JOLTS Job Openings report for April showed almost 9.3 million job openings. Analysts had only predicted 8.3 million openings. The U.S. Trade Balance for April printed at -$68.90 billion, as expected.

Technical analysis

Pound - US Dollar Analysis Technical analysis 09/06/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 09/06/2021

Support & Resistance Level Explanation
Resistance 2 1.42163 Daily R2
Resistance 1 1.41894 Daily R1
Support 1 1.41178 Daily S1
Support 2 1.40909 Daily S2

GBPUSD Indicator Table - 09/06/2021

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

GBPUSD Indicator / Period Table - 09/06/2021

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

GBPUSD 09/06/2021 - Reference Price : 1.41536

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