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 27/03/2025

Fundamental analysis

27 March, 2025

During Asian trading, the British pound pushed higher against the US Dollar trading above 1.2900 levels.

The GBP/USD currency was firmly higher after falling to a two week low yesterday on weaker UK CPI data, suggesting that the Bank of England may be cutting interest rates again soon. In the UK Bank of England Member Dhingra will speak (08:30 GMT) and the Spring Forecast Statement will be released (10:00 GMT). In the US, Initial Jobless Claims data (225 exp) and US Q4 GDP data (2.3% exp) will be released (12:30 GMT).

Technical analysis

Pound - US Dollar Analysis Technical analysis 27/03/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 27/03/2025

Support & Resistance Level Explanation
Resistance 2 1.2976 Daily R2
Resistance 1 1.2953 Daily R1
Support 1 1.2892 Daily S1
Support 2 1.2869 Daily S2

GBPUSD Indicator Table - 27/03/2025

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

GBPUSD Indicator / Period Table - 27/03/2025

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

GBPUSD 27/03/2025 - Reference Price : 1.2922

Sell
Simple Moving AverageBuy (0)Sell (3)
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