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 13/05/2025

Fundamental analysis

13 May, 2025

During Asian trading, the British pound rose against the US Dollar trading above 1.3100 levels.
The GBP/USD currency pair gained during the Asian session with the pound being underpinned by the US - UK trade deal reached last week, ahead of the release of important US inflation data. after US China talks reduced US recession fears and provided a partial boost to the dollar. In the UK, Average Earnings Index + Bonus data for March will be revealed (07:00 GMT+1) and Bank of England Governor Bailey will speak (16:00 GMT+1). In the US, CPI Inflation data for April (2.4 exp) will be released (13:30 GMT+1).

Technical analysis

Pound - US Dollar Analysis Technical analysis 13/05/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 13/05/2025

Support & Resistance Level Explanation
Resistance 2 1.3289 Daily R2
Resistance 1 1.3251 Daily R1
Support 1 1.3150 Daily S1
Support 2 1.3112 Daily S2

GBPUSD Indicator Table - 13/05/2025

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

GBPUSD Indicator / Period Table - 13/05/2025

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

GBPUSD 13/05/2025 - Reference Price : 1.3197

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