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 14/10/2022

Fundamental analysis

14 October, 2022

The Pound dollar currency pair rose during the Asian session. The pair is trading at 1.1307. The U.K has no economic events scheduled to report. The United States reported CPI Year-on-Year for September at 8.2%. The consensus was 8.1%. Initial Jobless Claims printed 228k vs 225k expected. Core CPI Month-on-Month for September 0.6%. The consensus was 0.5%. Retail Sales Month-on-Month for September will be reported later today. Core Retail Sales Month-on-Month for September are also set to print.

Technical analysis

Pound - US Dollar Analysis Technical analysis 14/10/2022
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 14/10/2022

Support & Resistance Level Explanation
Resistance 2 1.1464 Daily R2
Resistance 1 1.1402 Daily R1
Support 1 1.1239 Daily S1
Support 2 1.1177 Daily S2

GBPUSD Indicator Table - 14/10/2022

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

GBPUSD Indicator / Period Table - 14/10/2022

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

GBPUSD 14/10/2022 - Reference Price : 1.1320

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