CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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. 70.41% 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 21/05/2025

Fundamental analysis

21 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 the new US tax bill is creating negative pressures on the dollar and as UK inflation came in higher than expected. In the UK, CPI Inflation for April was posted with data being higher than expected (3.5% realised vs 3.3% expected). In the US, Fed Members Barkin and Bowman will speak (17:00 and 17:00 GMT+1 respectively).

Technical analysis

Pound - US Dollar Analysis Technical analysis 21/05/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 21/05/2025

Support & Resistance Level Explanation
Resistance 2 1.3465 Daily R2
Resistance 1 1.3439 Daily R1
Support 1 1.3371 Daily S1
Support 2 1.3345 Daily S2

GBPUSD Indicator Table - 21/05/2025

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 - 21/05/2025

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

GBPUSD 21/05/2025 - Reference Price : 1.3406

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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