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 02/07/2025

Fundamental analysis

02 July, 2025

During European trading, the British Pound fell against the US Dollar, trading below 1.3700 levels.

The GBP/USD currency traded lower in the European Session, as investors were taking the opportunity to enter the dollar market as it was at multi-year lows. In the UK, there are no data releases today. In the US, ADP National Employment Change for June (99k expected) will be posted (13.15 GMT+1).

Technical analysis

Pound - US Dollar Analysis Technical analysis 02/07/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 02/07/2025

Support & Resistance Level Explanation
Resistance 2 1.3759 Daily R2
Resistance 1 1.3734 Daily R1
Support 1 1.3668 Daily S1
Support 2 1.3643 Daily S2

GBPUSD Indicator Table - 02/07/2025

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

GBPUSD Indicator / Period Table - 02/07/2025

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

GBPUSD 02/07/2025 - Reference Price : 1.3699

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