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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 15/05/2025

Fundamental analysis

15 May, 2025

During European trading, the British Pound rose against the US Dollar, trading above 1.3200 levels.
The GBP/USD currency pair rose as better than expected GDP data came out of the UK, creating positive upswing for the pound sterling. In the UK, YoY Q1 GDP data was released with data being better than expected (1.3% realised vs 1.2% expected) and MoM Manufacturing Production for March came out in line with expectations (-0.8%). In the US, MoM Retail Sales for April (0.0% exp), YoY PPI for April (2.5%), Initial Jobless Claims (229k exp) and Philadelphia Fed Manufacturing for May (-9.9 exp) will be posted (13:30 GMT+1).

Technical analysis

Pound - US Dollar Analysis Technical analysis 15/05/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 15/05/2025

Support & Resistance Level Explanation
Resistance 2 1.3376 Daily R2
Resistance 1 1.3337 Daily R1
Support 1 1.3235 Daily S1
Support 2 1.3196 Daily S2

GBPUSD Indicator Table - 15/05/2025

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

GBPUSD Indicator / Period Table - 15/05/2025

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

GBPUSD 15/05/2025 - Reference Price : 1.3285

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