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 20/05/2025

Fundamental analysis

20 May, 2025

During European trading, the British Pound rose against the US Dollar, trading above 1.3300 levels.
The GBP/USD currency rose in the European session, as a post Brexit deal between the UK and the EU was announced and ahead of key UK inflation data coming out tomorrow. In the UK, Bank of England member Pill has spoken. In the US, Fed Members Barkin and Bostic will speak (14:00 GMT+1).

Technical analysis

Pound - US Dollar Analysis Technical analysis 20/05/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 20/05/2025

Support & Resistance Level Explanation
Resistance 2 1.3442 Daily R2
Resistance 1 1.3411 Daily R1
Support 1 1.3331 Daily S1
Support 2 1.3300 Daily S2

GBPUSD Indicator Table - 20/05/2025

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

GBPUSD Indicator / Period Table - 20/05/2025

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

GBPUSD 20/05/2025 - Reference Price : 1.3367

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