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 22/05/2025

Fundamental analysis

22 May, 2025

During Asian trading, the British pound climbed against the US Dollar trading above 1.3400 levels.
The GBP/USD currency pair continued higher after hitting a three year high yesterday after UK inflation came in above expectations potentially reducing the scope for anticipated interest rate cuts in the coming months. In the UK, Services and Manufacturing PMI for May (50.0 and 46.2 respectively expected) will be posted (09:30 GMT+1). In the US, Initial Jobless Claims (230k exp) will be posted (13:30 GMT+1), Manufacturing PMI for May (49.9 exp) and Services PMI for May (51.0 exp) will be released (14:45 GMT+1).

Technical analysis

Pound - US Dollar Analysis Technical analysis 22/05/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 22/05/2025

Support & Resistance Level Explanation
Resistance 2 1.3478 Daily R2
Resistance 1 1.3454 Daily R1
Support 1 1.3390 Daily S1
Support 2 1.3366 Daily S2

GBPUSD Indicator Table - 22/05/2025

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

GBPUSD Indicator / Period Table - 22/05/2025

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

GBPUSD 22/05/2025 - Reference Price : 1.3426

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (0)
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