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 30/01/2025

Fundamental analysis

30 January, 2025

During Asian trading, the British pound fell against the US Dollar trading below 1.2500 levels.

The currency pair was slightly lower after Fed Chair Powell made cautious statements on inflation and monetary policy, following the Fed decision to keep rates unchanged at 4.5%. In the UK, Bank of England Consumer Credit data for December (0.950 bln exp) will be posted (09:30 GMT). In the US, GDP figures (2.70% exp) and Initial Jobless Claims (224k exp) will be posted (13:30 GMT).

Technical analysis

Pound - US Dollar Analysis Technical analysis 30/01/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 30/01/2025

Support & Resistance Level Explanation
Resistance 2 1.2500 Daily R2
Resistance 1 1.2472 Daily R1
Support 1 1.2400 Daily S1
Support 2 1.2373 Daily S2

GBPUSD Indicator Table - 30/01/2025

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

GBPUSD Indicator / Period Table - 30/01/2025

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

GBPUSD 30/01/2025 - Reference Price : 1.2436

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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