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 28/02/2025

Fundamental analysis

28 February, 2025

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

The GBP/USD currency pair extended its downside in the Asian session and hit a one week low after President Trump suggested after a meeting with PM Starmer that tariffs may be imposed on the UK. In the UK, Nationwide HPI data for February (3.4% exp) will be released. In the US, YoY Core PCE Price Index data for January (2.6% exp) will be released (13:30 GMT).

Technical analysis

Pound - US Dollar Analysis Technical analysis 28/02/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 28/02/2025

Support & Resistance Level Explanation
Resistance 2 1.2629 Daily R2
Resistance 1 1.2606 Daily R1
Support 1 1.2544 Daily S1
Support 2 1.2521 Daily S2

GBPUSD Indicator Table - 28/02/2025

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

GBPUSD Indicator / Period Table - 28/02/2025

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

GBPUSD 28/02/2025 - Reference Price : 1.2575

Sell
Simple Moving AverageBuy (1)Sell (2)
Technical Indicators - OscillatorsBuy (1)Sell (2)
Share It With Your Network
Pound - US Dollar Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now