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 23/06/2025

Fundamental analysis

23 June, 2025

During Asian trading, the British pound decreased against the US Dollar trading below 1.3500 levels.
The GBP/USD pair extended its decline during the Asian session on fears that Iran may retaliate against US attacks, underpinning the safe haven greenback. In the UK, Manufacturing PMI (50.3 last month) and Services PMI data for June (50.9 last month) will be posted (09:30 GMT+1). In the US, Manufacturing PMI (52.0 last month) and Services PMI data for June (53.7 last month) will be released (14:45 GMT+1) and Existing Home Sales data for May (3.95 mln exp) will be posted.

Technical analysis

Pound - US Dollar Analysis Technical analysis 23/06/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 23/06/2025

Support & Resistance Level Explanation
Resistance 2 1.3494 Daily R2
Resistance 1 1.3465 Daily R1
Support 1 1.3385 Daily S1
Support 2 1.3356 Daily S2

GBPUSD Indicator Table - 23/06/2025

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

GBPUSD Indicator / Period Table - 23/06/2025

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

GBPUSD 23/06/2025 - Reference Price : 1.3425

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