CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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. 70.91% 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 13/05/2025

Fundamental analysis

13 May, 2025

During European trading, the British Pound rose against the US Dollar, trading above 1.3200 levels.
The GBP/USD currency pair rose slightly up as the markets were slowly reversing course as the pair reached a one month low, and in anticipation of inflation data from the US. In the UK, Average Earnings Index + Bonus data for March came in with data being higher than expected (5.5% realised with 5.2% expected) and Bank of England Governor Bailey will speak (16:00 GMT+1). In the US, CPI Inflation data for April (2.4 exp) will be released (13:30 GMT+1).

Technical analysis

Pound - US Dollar Analysis Technical analysis 13/05/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 13/05/2025

Support & Resistance Level Explanation
Resistance 2 1.3302 Daily R2
Resistance 1 1.3264 Daily R1
Support 1 1.3162 Daily S1
Support 2 1.3124 Daily S2

GBPUSD Indicator Table - 13/05/2025

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

GBPUSD Indicator / Period Table - 13/05/2025

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

GBPUSD 13/05/2025 - Reference Price : 1.3204

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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Pound - US Dollar Chart
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