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 06/08/2025

Fundamental analysis

06 August, 2025

During European trading, the British Pound increased against the US Dollar, trading above 1.3200 levels.
The GBP/USD traded higher in the European Session ahead of the Bank of England interest rate decision tomorrow. In the UK, Global Construction PMI data for July came out with data being lower than expected (44.3 realised vs 48.9 expected). In the US, Fed Member Daly will speak (17:45 GMT+1).

Technical analysis

Pound - US Dollar Analysis Technical analysis 06/08/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 06/08/2025

Support & Resistance Level Explanation
Resistance 2 1.3375 Daily R2
Resistance 1 1.3342 Daily R1
Support 1 1.3253 Daily S1
Support 2 1.3219 Daily S2

GBPUSD Indicator Table - 06/08/2025

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

GBPUSD Indicator / Period Table - 06/08/2025

Indicator / Period Day - BuyWeek - SellMonth - Buy
MACD( 12;26;9) Sell SellBuy
RSI (14) Buy SellBuy
SMA 20 Buy SellSell

GBPUSD 06/08/2025 - Reference Price : 1.3297

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