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 04/06/2025

Fundamental analysis

04 June, 2025

During Asian trading, the British pound edged lower against the US Dollar trading below 1.3600 levels.
The GBP/USD currency pair weakened slightly, continuing yesterday’s falls after the US posted higher than expected Job openings numbers and Bank of England Governor Bailey stated that interest rates are likely to fall. In the UK, Global Services PMI for May (50.2 exp) will be released (09:30 GMT+1). In the US, ADP Nonfarm Employment data for May (111k exp) will be posted (13:15 GMT+1), US S&P Global Services PMI for May (52.3 exp) will be released (14:45 GMT+1) and ISM Non-Manufacturing PMI for May (52.1 exp) will be released (15:00 GMT+1).

Technical analysis

Pound - US Dollar Analysis Technical analysis 04/06/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 04/06/2025

Support & Resistance Level Explanation
Resistance 2 1.3562 Daily R2
Resistance 1 1.3537 Daily R1
Support 1 1.3471 Daily S1
Support 2 1.3446 Daily S2

GBPUSD Indicator Table - 04/06/2025

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

GBPUSD Indicator / Period Table - 04/06/2025

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

GBPUSD 04/06/2025 - Reference Price : 1.3504

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