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 07/11/2025

Fundamental analysis

07 November, 2025

During European trading, the British Pound retreated against the US Dollar, trading below 1.3200 levels.
The GBP/USD traded downward in the European session, as the Bank of England held its rates steady, however more MP’s voted in favor of a cut than expected. Furthermore, a fiscal consolidation for the UK is expected, which leaves manoeuvring space for the BoE to conduct more interest rate cuts in 2026, thus weakening the pound. In the UK, the Mortgage Rate for October came out the same for this month as the previous one (6.78%). In the US, Michigan Consumer Sentiment for November (50.3 exp) will be released (15:00 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*Most US Government data will not be published (or will be delayed) because of a government shutdown.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 07/11/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 07/11/2025

Support & Resistance Level Explanation
Resistance 2 1.3153 Daily R2
Resistance 1 1.3129 Daily R1
Support 1 1.3067 Daily S1
Support 2 1.3043 Daily S2

GBPUSD Indicator Table - 07/11/2025

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

GBPUSD Indicator / Period Table - 07/11/2025

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

GBPUSD 07/11/2025 - Reference Price : 1.3096

Sell
Simple Moving AverageBuy (1)Sell (2)
Technical Indicators - OscillatorsBuy (0)Sell (3)
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Pound - US Dollar Chart
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