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 04/04/2025

Fundamental analysis

04 April, 2025

During Asian trading, the British pound inched lower against the US Dollar trading below 1.3100 levels.

The GBP/USD currency consolidated on Friday morning after rising sharply yesterday to hit a five month peak amid some relief that UK exports to the US would be subjected to the lowest 10% tariff band. In the UK Construction PMI data for March (09:30 GMT+1) will be released (09:30 GMT+1). In the US, Nonfarm Payrolls and Unemployment data (137k and 4.1% respectively exp) will be posted (13:30 GMT+1), and Fed Chair Powell will speak (16:25 GMT+1).

Technical analysis

Pound - US Dollar Analysis Technical analysis 04/04/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 04/04/2025

Support & Resistance Level Explanation
Resistance 2 1.3162 Daily R2
Resistance 1 1.3131 Daily R1
Support 1 1.3046 Daily S1
Support 2 1.3015 Daily S2

GBPUSD Indicator Table - 04/04/2025

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 - 04/04/2025

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

GBPUSD 04/04/2025 - Reference Price : 1.3088

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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