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. 70.41% 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 17/02/2025

Fundamental analysis

17 February, 2025

During Asian trading, the British pound edged higher against the US Dollar trading above 1.2500 levels.

The GBP/USD currency rose in the Asian session amid some higher hopes of a peace in the Russia - Ukraine war. In the UK, the Rightmove House Price Index (YoY) has been published with data lower than last month (1.4% realised vs 1.8% last month). In the US, Fed Members Harker and Bowman will speak (14:30 and 15.20 GMT respectively).

Technical analysis

Pound - US Dollar Analysis Technical analysis 17/02/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 17/02/2025

Support & Resistance Level Explanation
Resistance 2 1.2662 Daily R2
Resistance 1 1.2631 Daily R1
Support 1 1.2550 Daily S1
Support 2 1.2520 Daily S2

GBPUSD Indicator Table - 17/02/2025

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 - 17/02/2025

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

GBPUSD 17/02/2025 - Reference Price : 1.2591

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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