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. 67.52% 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 02/10/2025

Fundamental analysis

02 October, 2025

During Asian trading, the British pound increased against the US Dollar trading above 1.3400 levels.
The GBP/USD inched higher extending its gains to a fifth day in a row after Bank of England official Mann warned yesterday that inflation may remain elevated for a longer period. In the UK, there are no data releases today. In the US, Initial Jobless Claims data (225k exp) is scheduled to be released (13:30 GMT+1). *
*US data may not be published / delayed because of a government shutdown.

Technical analysis

Pound - US Dollar Analysis Technical analysis 02/10/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 02/10/2025

Support & Resistance Level Explanation
Resistance 2 1.3535 Daily R2
Resistance 1 1.3509 Daily R1
Support 1 1.3441 Daily S1
Support 2 1.3416 Daily S2

GBPUSD Indicator Table - 02/10/2025

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

GBPUSD Indicator / Period Table - 02/10/2025

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

GBPUSD 02/10/2025 - Reference Price : 1.3475

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