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 06/06/2025

Fundamental analysis

06 June, 2025

During Asian trading, the British pound traded lower against the US Dollar trading below 1.3600 levels.
The GBP/USD currency pair pulled back ahead of today’s NFP data and after hitting its highest level since February 2022 yesterday after sterling received support following news that the UK would be exempt from new US tariffs on steel and aluminium. In the UK, Halifax House Price Index for May (3.2% last month) will be posted (07:00 GMT+1). In the US, Nonfarm Payrolls data (130k exp) and Unemployment Rate (4.2%, unchanged, exp) will be posted (13:30 GMT+1).

Technical analysis

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

GBPUSD Support & Resistance Table - 06/06/2025

Support & Resistance Level Explanation
Resistance 2 1.3615 Daily R2
Resistance 1 1.3593 Daily R1
Support 1 1.3533 Daily S1
Support 2 1.3510 Daily S2

GBPUSD Indicator Table - 06/06/2025

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

GBPUSD Indicator / Period Table - 06/06/2025

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

GBPUSD 06/06/2025 - Reference Price : 1.3563

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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