CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% 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. 70.88% 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 05/02/2026

Fundamental analysis

05 February, 2026

During European trading, the British pound decreased against the US Dollar trading below 1.36000 levels.
The GBP/USD continued falling in the European session as investors look ahead to this afternoon’s Bank of England interest rate decision. In the UK the Bank of England Interest Rate Decision (3.75% exp: unchanged) will be revealed (12:00 GMT). In the US, Initial Jobless Claims (212k exp) will be released (13:30 GMT).

Technical analysis

Pound - US Dollar Analysis Technical analysis 05/02/2026
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 05/02/2026

Support & Resistance Level Explanation
Resistance 2 1.3634 Daily R2
Resistance 1 1.3606 Daily R1
Support 1 1.3528 Daily S1
Support 2 1.3500 Daily S2

GBPUSD Indicator Table - 05/02/2026

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

GBPUSD Indicator / Period Table - 05/02/2026

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

GBPUSD 05/02/2026 - Reference Price : 1.3573

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