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 04/07/2025

Fundamental analysis

04 July, 2025

During Asian trading, the British pound climbed against the US Dollar trading above 1.3700 levels.
The GBP/USD pair grew after comments from Bank of England Governor Bailey yesterday who said that interest rates should be lowered gradually since inflationary pressures were easing. In the UK, Construction PMI for June (48.6 exp) will be released (09:30 GMT+1). In the US, it's the Independence Day national holiday and no data will be released.

Technical analysis

Pound - US Dollar Analysis Technical analysis 04/07/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 04/07/2025

Support & Resistance Level Explanation
Resistance 2 1.3732 Daily R2
Resistance 1 1.3707 Daily R1
Support 1 1.3641 Daily S1
Support 2 1.3616 Daily S2

GBPUSD Indicator Table - 04/07/2025

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

GBPUSD Indicator / Period Table - 04/07/2025

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

GBPUSD 04/07/2025 - Reference Price : 1.3671

Sell
Simple Moving AverageBuy (1)Sell (2)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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Pound - US Dollar Chart
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