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 26/12/2024

Fundamental analysis

26 December, 2024

During Asian trading, the British pound was broadly unchanged against the US Dollar trading above 1.2500 levels.

The pair lacked direction during the Asian session as holiday thinned trade and a lack of major data encouraged little movement. In the UK, no data will be posted today. In the US, Initial Jobless Claims data (223k exp) will be released (13:30 GMT).

Technical analysis

Pound - US Dollar Analysis Technical analysis 26/12/2024
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 26/12/2024

Support & Resistance Level Explanation
Resistance 2 1.2604 Daily R2
Resistance 1 1.2578 Daily R1
Support 1 1.2506 Daily S1
Support 2 1.2480 Daily S2

GBPUSD Indicator Table - 26/12/2024

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

GBPUSD Indicator / Period Table - 26/12/2024

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

GBPUSD 26/12/2024 - Reference Price : 1.2542

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