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 20/03/2026

Fundamental analysis

20 March, 2026

During European trading, the British pound pulled back against the US Dollar trading below 1.3400 levels.
The GBP/USD lost ground in the European session after reaching a ten day high yesterday after a hawkish Bank of England chose to hold interest rates at current levels. In the UK, the Bank of England will meet to decide on interest rates (3.75% exp - unchanged) at 12:00 GMT. In the UK, CBI Industrial Trends Order for March (-30 exp) will be posted (11:00 GMT). In the US, there are no major data releases scheduled for today.

Technical analysis

Pound - US Dollar Analysis Technical analysis 20/03/2026
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 20/03/2026

Support & Resistance Level Explanation
Resistance 2 1.3467 Daily R2
Resistance 1 1.3425 Daily R1
Support 1 1.3313 Daily S1
Support 2 1.3271 Daily S2

GBPUSD Indicator Table - 20/03/2026

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

GBPUSD Indicator / Period Table - 20/03/2026

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

GBPUSD 20/03/2026 - Reference Price : 1.3369

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