CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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 05/08/2025

Fundamental analysis

05 August, 2025

During Asian trading, the British pound decreased against the US Dollar trading below 1.3300 levels.
The GBP/USD pair edged lower ahead of the Bank of England interest rate decision on Thursday, with the bank expected to cut interest rates amid recent negative economic data. In the UK, Services and Composite PMI data for July (51.2 and 51.0 exp respectively) will be posted (09:30 GMT+1). In the US, Services PMI data for July (55.2 exp) will be released (14:45 GMT+1) and ISM Non-Manufacturing PMI for July (51.5 exp) will be posted (15:00 GMT+1).

Technical analysis

Pound - US Dollar Analysis Technical analysis 05/08/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 05/08/2025

Support & Resistance Level Explanation
Resistance 2 1.3349 Daily R2
Resistance 1 1.3316 Daily R1
Support 1 1.3226 Daily S1
Support 2 1.3193 Daily S2

GBPUSD Indicator Table - 05/08/2025

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 - 05/08/2025

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

GBPUSD 05/08/2025 - Reference Price : 1.3271

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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