CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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 18/02/2025

Fundamental analysis

18 February, 2025

During Asian trading, the British pound fell against the US Dollar trading below 1.2600 levels.

The GBP/USD currency dropped in the Asian session ahead of important employment data in the UK and as the dollar moved higher against most of its rivals. In the UK, Claimant Count Change data for January (10k exp) will be posted (07:00 GMT) and Bank of England Governor Bailey will speak (09:30 GMT). In the US, Fed Members Daly and Barr will speak (15:20 and 18.00 GMT respectively). President Trump is also expected to speak this evening.

Technical analysis

Pound - US Dollar Analysis Technical analysis 18/02/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 18/02/2025

Support & Resistance Level Explanation
Resistance 2 1.2660 Daily R2
Resistance 1 1.2631 Daily R1
Support 1 1.2552 Daily S1
Support 2 1.2523 Daily S2

GBPUSD Indicator Table - 18/02/2025

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

GBPUSD Indicator / Period Table - 18/02/2025

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

GBPUSD 18/02/2025 - Reference Price : 1.2592

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