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 16/06/2025

Fundamental analysis

16 June, 2025

During European trading, the British Pound rose against the US Dollar, trading above 1.3580 levels.
The GBP/USD currency traded higher in the European Session as conflict continues in the Middle-East increasing demand for the US dollar as a safe haven asset. In the UK, Rightmove House Price Index for June 0.8% vs 1.2% last month was posted. In the US, the NY Empire State Manufacturing Index for June (-8.10 exp) will be released (13:30 GMT+1).

Technical analysis

Pound - US Dollar Analysis Technical analysis 16/06/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 16/06/2025

Support & Resistance Level Explanation
Resistance 2 1.3651 Daily R2
Resistance 1 1.3621 Daily R1
Support 1 1.3541 Daily S1
Support 2 1.3511 Daily S2

GBPUSD Indicator Table - 16/06/2025

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

GBPUSD Indicator / Period Table - 16/06/2025

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

GBPUSD 16/06/2025 - Reference Price : 1.3584

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