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. 70.41% 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 23/07/2025

Fundamental analysis

23 July, 2025

During European trading, the British Pound edged higher against the US Dollar, trading above the 1.3500 levels.
The GBP/USD currency traded upward in the European Session, as the US dollar was in retreat following positive trade outcomes with the US on the one side and Japan and the Philippines on the other. In the UK, there are no data releases scheduled. In the US, Existing Home Sales data for June (4.01 mln exp) will be released (15:30 GMT+1).

Technical analysis

Pound - US Dollar Analysis Technical analysis 23/07/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 23/07/2025

Support & Resistance Level Explanation
Resistance 2 1.3603 Daily R2
Resistance 1 1.3578 Daily R1
Support 1 1.3508 Daily S1
Support 2 1.3483 Daily S2

GBPUSD Indicator Table - 23/07/2025

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

GBPUSD Indicator / Period Table - 23/07/2025

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

GBPUSD 23/07/2025 - Reference Price : 1.3544

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