CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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. 70.91% 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

EU Session Analysis for CFD Instruments 20/05/2025

Fundamental analysis

20 May, 2025

During Asian trading, the British pound rose against the US Dollar trading above 1.3300 levels.
The GBP/USD currency pair continued its upward trend this week following a landmark deal between the UK and European Union hailed as a reset of relations for the first time since Brexit. In the UK, Bank of England member Pill will speak (09:00 GMT+1). In the US, Fed Members Barkin and Bostic will speak (14:00 GMT+1).

Technical analysis

Pound - US Dollar Analysis Technical analysis 20/05/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 20/05/2025

Support & Resistance Level Explanation
Resistance 2 1.3451 Daily R2
Resistance 1 1.3420 Daily R1
Support 1 1.3339 Daily S1
Support 2 1.3309 Daily S2

GBPUSD Indicator Table - 20/05/2025

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 - 20/05/2025

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

GBPUSD 20/05/2025 - Reference Price : 1.3376

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