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 21/07/2025

Fundamental analysis

21 July, 2025

During Asian trading, the British pound increased against the US Dollar trading above 1.3400 levels.
The GBP/USD pair traded slightly higher despite the growing belief that the Bank of England may opt for an August rate cut after high unemployment data late last week. In the UK, Rightmove House Price Index data for July (0.8% exp) will be posted (00:01 GMT+1). In the US, Leading Index data for June (-0.1% expected) will be posted (15:00 GMT+1).

Technical analysis

Pound - US Dollar Analysis Technical analysis 21/07/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 21/07/2025

Support & Resistance Level Explanation
Resistance 2 1.3480 Daily R2
Resistance 1 1.3454 Daily R1
Support 1 1.3387 Daily S1
Support 2 1.3361 Daily S2

GBPUSD Indicator Table - 21/07/2025

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

GBPUSD Indicator / Period Table - 21/07/2025

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

GBPUSD 21/07/2025 - Reference Price : 1.3421

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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