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 05/06/2025

Fundamental analysis

05 June, 2025

During Asian trading, the British pound edged lower against the US Dollar trading below 1.3600 levels.
The GBP/USD currency eased after hitting a more than one week high in yesterday’s session with the major focus being on the greenback this week as traders anticipate Friday’s Nonfarm Payrolls figures. In the UK, Construction PMI for May (47.4 exp) will be released (09:30 GMT+1). In the US, Initial Jobless Claims data (236k exp) will be posted (13:30 GMT+1).

Technical analysis

Pound - US Dollar Analysis Technical analysis 05/06/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 05/06/2025

Support & Resistance Level Explanation
Resistance 2 1.3598 Daily R2
Resistance 1 1.3575 Daily R1
Support 1 1.3513 Daily S1
Support 2 1.3490 Daily S2

GBPUSD Indicator Table - 05/06/2025

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 - 05/06/2025

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

GBPUSD 05/06/2025 - Reference Price : 1.3544

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