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 08/08/2025

Fundamental analysis

08 August, 2025

During Asian trading, the British pound fell against the US Dollar trading below 1.3500 levels.
The GBP/USD pair drifted lower after hitting an almost two week high yesterday following the Bank of England’s decision to cut rate from 4.25% to 4.0%, albeit with almost half of its policymakers supporting a rate freeze. In the UK, the Bank of England Member Pill will speak (12:15 GMT+1). In the US, there are no major data releases scheduled today.

Technical analysis

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

GBPUSD Support & Resistance Table - 08/08/2025

Support & Resistance Level Explanation
Resistance 2 1.3496 Daily R2
Resistance 1 1.3467 Daily R1
Support 1 1.3387 Daily S1
Support 2 1.3358 Daily S2

GBPUSD Indicator Table - 08/08/2025

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

GBPUSD Indicator / Period Table - 08/08/2025

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

GBPUSD 08/08/2025 - Reference Price : 1.3427

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