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 29/07/2025

Fundamental analysis

29 July, 2025

During Asian trading, the British pound drifted lower against the US Dollar trading below 1.3400 levels.
The GBP/USD pair extended its losing streak to the fourth successive session as the greenback appeared to get a boost from the US-EU trade deal. In the UK, Bank of England Consumer Credit for June (1.200 bln exp) for June will be released (09:30 GMT+1). In the US, CB Consumer Confidence for July (95.9 expected) and JOLTS Job Openings for June (7.490 mln exp) will be released (15:00 GMT+1).

Technical analysis

Pound - US Dollar Analysis Technical analysis 29/07/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 29/07/2025

Support & Resistance Level Explanation
Resistance 2 1.3409 Daily R2
Resistance 1 1.3383 Daily R1
Support 1 1.3314 Daily S1
Support 2 1.3288 Daily S2

GBPUSD Indicator Table - 29/07/2025

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 - 29/07/2025

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

GBPUSD 29/07/2025 - Reference Price : 1.3349

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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