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. 70.41% 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 07/07/2025

Fundamental analysis

07 July, 2025

During Asian trading, the British pound fell against the US Dollar trading below 1.3700 levels.
The GBP/USD pair extended losses for the second session as markets factor in a potential Bank of England interest rate cut as early as August following somewhat dovish statements from BoE Governor Bailey. In the UK, the Halifax Price Index for June (2.5 last month) will be released (07:00 GMT+1). In the US, the Fed’s Balance Sheet (6.622 bln) will be published (21:30 GMT+1).

Technical analysis

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

GBPUSD Support & Resistance Table - 07/07/2025

Support & Resistance Level Explanation
Resistance 2 1.3682 Daily R2
Resistance 1 1.3657 Daily R1
Support 1 1.3591 Daily S1
Support 2 1.3566 Daily S2

GBPUSD Indicator Table - 07/07/2025

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

GBPUSD Indicator / Period Table - 07/07/2025

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

GBPUSD 07/07/2025 - Reference Price : 1.3615

Sell
Simple Moving AverageBuy (1)Sell (2)
Technical Indicators - OscillatorsBuy (0)Sell (3)
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Pound - US Dollar Chart
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