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 17/10/2025

Fundamental analysis

17 October, 2025

During Asian trading, the British pound rose against the US Dollar trading above 1.3400 levels.
The GBP/USD traded higher for the third consecutive day after mixed UK data yesterday fuelled speculation that the Bank of England will continue on its gradual rate cutting path. In the UK, Bank of England Member Pill will speak (10:35 GMT+1). In the US, Industrial Production for September (0.1% expected) will be released (13:30 GMT+1).*
*Most US Government data will not be published (or will be delayed) because of a government shutdown. Non government US data will be released as normal.

Technical analysis

Pound - US Dollar Analysis Technical analysis 17/10/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 17/10/2025

Support & Resistance Level Explanation
Resistance 2 1.3526 Daily R2
Resistance 1 1.3500 Daily R1
Support 1 1.3432 Daily S1
Support 2 1.3406 Daily S2

GBPUSD Indicator Table - 17/10/2025

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 - 17/10/2025

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

GBPUSD 17/10/2025 - Reference Price : 1.3466

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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