Pound - US Dollar Analysis

US Session Analysis for CFD Instruments 20/03/2025

Fundamental analysis

20 March, 2025

During European trading, the British Pound decreased against the US Dollar, trading below 1.2940 levels.

The GBP/USD currency egged down the European trading session, following the FED’s decision to keep interest rates at the same level and ahead of the Bank of England interest rate decision today. In the UK Unemployment Rate data for January was posted in line with expectations (4.4%) and the Bank of England Interest Rate Decision (4.5% exp, unchanged) will be released (12:00 GMT). In the US, Initial Jobless Claims (224k exp) and Philadelphia Fed Manufacturing data for March (8.8 exp) will be released (12:30 GMT).

Technical analysis

Time Frame: 1 hour

GBPUSD Support & Resistance Table - 20/03/2025

Support & Resistance	Level	Explanation
Resistance 2	1.2987	Daily R2
Resistance 1	1.2970	Daily R1
Support 1	1.2924	Daily S1
Support 2	1.2907	Daily S2

GBPUSD Indicator Table - 20/03/2025

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

GBPUSD Indicator / Period Table - 20/03/2025

Indicator / Period	Day - Sell	Week - Buy	Month - Buy
MACD( 12;26;9)	Buy	Sell	Sell
RSI (14)	Sell	Buy	Neutral
SMA 20	Buy	Buy	Buy

GBPUSD 20/03/2025 - Reference Price : 1.2946

Sell

Simple Moving Average	Buy (1)	Sell (2)
Technical Indicators - Oscillators	Buy (1)	Sell (2)

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