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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.41% 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 all your money. Read full risk warning.

Pound - US Dollar Analysis

US Session Analysis for CFD Instruments 07/07/2025

Fundamental analysis

07 July, 2025

During European trading, the British Pound retreated against the US Dollar, trading below 1.3600 levels.

The GBP/USD currency traded lower in the European Session, as new tariff tensions between the US and BRICKS countries are creating safe-haven demand for the US dollar. In the UK, the Halifax Price Index for June was released with data being higher than expected (0.0% realised vs -0.1% expected). In the US, the Fed’s Balance Sheet (6.622 bln) will be published (21:30 GMT+1).

Technical analysis

Pound - US Dollar Analysis Technical analysis 07/07/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 07/07/2025

Support & Resistance Level Explanation
Resistance 2 1.3642 Daily R2
Resistance 1 1.3617 Daily R1
Support 1 1.3551 Daily S1
Support 2 1.3526 Daily S2

GBPUSD Indicator Table - 07/07/2025

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

GBPUSD Indicator / Period Table - 07/07/2025

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

GBPUSD 07/07/2025 - Reference Price : 1.3590

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