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 29/08/2025

Fundamental analysis

29 August, 2025

During Asian trading, the British pound was down against the US Dollar trading below 1.3500 levels.
The GBP/USD pair fell amid dollar strength in the Asian session despite comments from Fed Governor Wallace who said yesterday that he supported a September rate cut. In the UK, there are no major data releases today. In the US, Core PCE Price Index figures for July (2.9% exp) and Chicago PMI for August (46.6 exp) will be posted (14:45 GMT+1).

Technical analysis

Pound - US Dollar Analysis Technical analysis 29/08/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 29/08/2025

Support & Resistance Level Explanation
Resistance 2 1.3553 Daily R2
Resistance 1 1.3528 Daily R1
Support 1 1.3459 Daily S1
Support 2 1.3433 Daily S2

GBPUSD Indicator Table - 29/08/2025

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

GBPUSD Indicator / Period Table - 29/08/2025

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

GBPUSD 29/08/2025 - Reference Price : 1.3493

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