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 08/08/2025

Fundamental analysis

08 August, 2025

During European trading, the British Pound was stable against the US Dollar, trading above 1.3400 levels.
The GBP/USD held its recent gains, briefly hitting a ten day high in the European Session after the BoE yesterday decided to cut rates by 25 points to 4% as expected. In the UK, the Bank of England Member Pill will speak (12:15 GMT+1). In the US, there are no major data releases scheduled today.

Technical analysis

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

GBPUSD Support & Resistance Table - 08/08/2025

Support & Resistance Level Explanation
Resistance 2 1.3512 Daily R2
Resistance 1 1.3482 Daily R1
Support 1 1.3403 Daily S1
Support 2 1.3373 Daily S2

GBPUSD Indicator Table - 08/08/2025

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

GBPUSD Indicator / Period Table - 08/08/2025

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

GBPUSD 08/08/2025 - Reference Price : 1.3443

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