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 16/03/2026

Fundamental analysis

16 March, 2026

During European trading, the British pound inched higher against the US Dollar trading above 1.3200 levels.
The GBP/USD recovered slightly in the European session but remained close to three-month lows ahead of the Bank of England interest rate decision, which is now widely expected to remain unchanged. In the UK, there are no major data releases today. In the US, NY Empire State Manufacturing Index data for March (7.10 last month) will be posted (12:30 GMT).

Technical analysis

Pound - US Dollar Analysis Technical analysis 16/03/2026
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 16/03/2026

Support & Resistance Level Explanation
Resistance 2 1.3335 Daily R2
Resistance 1 1.3302 Daily R1
Support 1 1.3214 Daily S1
Support 2 1.3182 Daily S2

GBPUSD Indicator Table - 16/03/2026

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

GBPUSD Indicator / Period Table - 16/03/2026

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

GBPUSD 16/03/2026 - Reference Price : 1.3258

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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