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. 73.43% 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 13/02/2024

Fundamental analysis

13 February, 2024

During Asian trading, the British Pound inched lower against the US Dollar, trading at 1.2617. The United Kingdom has no major economic data to report. The United States will release crucial CPI Inflation data this afternoon that could have a major bearing on when the Fed will decide to cut interest rates.

Technical analysis

Pound - US Dollar Analysis Technical analysis 13/02/2024
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 13/02/2024

Support & Resistance Level Explanation
Resistance 2 1.2655 Daily R2
Resistance 1 1.2638 Daily R1
Support 1 1.2594 Daily S1
Support 2 1.2577 Daily S2

GBPUSD Indicator Table - 13/02/2024

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

GBPUSD Indicator / Period Table - 13/02/2024

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

GBPUSD 13/02/2024 - Reference Price : 1.2620

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