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. 67.52% 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 29/10/2025

Fundamental analysis

29 October, 2025

During European trading, the British Pound retreated against the US Dollar, trading below 1.3300 levels.
The GBP/USD traded downward in the European session, as the markets are seeing increased odds of an interest rate cut by the Bank of England, creating negative pressure on the pound. In the UK, M4 Money supply data for September came out with data being higher than expected (0.6% realised vs 0.1% expected). In the US the Fed Interest Rate Decision for (cut of 0.25% to 4.0% exp) will be released (18:00 GMT).*
*Most US Government data will not be published (or will be delayed) because of a government shutdown. Non government US data will be released as normal.

Technical analysis

Pound - US Dollar Analysis Technical analysis 29/10/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 29/10/2025

Support & Resistance Level Explanation
Resistance 2 1.3273 Daily R2
Resistance 1 1.3251 Daily R1
Support 1 1.3191 Daily S1
Support 2 1.3169 Daily S2

GBPUSD Indicator Table - 29/10/2025

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

GBPUSD Indicator / Period Table - 29/10/2025

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

GBPUSD 29/10/2025 - Reference Price : 1.3221

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