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 28/10/2025

Fundamental analysis

28 October, 2025

During Asian trading, the British pound climbed against the US Dollar trading above 1.3300 levels.
The GBP/USD was slightly higher in the Asian session as the greenback fell against most of its rivals while uncertainty remains over whether or when the Bank of England might continue to cut interest rates in November. In the UK, Car Registration data for September came in at 13.7% vs -2.0% last month. In the US CB Consumer Confidence for October (93.9 exp) will be posted (14:00 GMT).*
*Most US Government data will not be published (or will be delayed) because of a government shutdown.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 28/10/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 28/10/2025

Support & Resistance Level Explanation
Resistance 2 1.3397 Daily R2
Resistance 1 1.3379 Daily R1
Support 1 1.3330 Daily S1
Support 2 1.3312 Daily S2

GBPUSD Indicator Table - 28/10/2025

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

GBPUSD Indicator / Period Table - 28/10/2025

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

GBPUSD 28/10/2025 - Reference Price : 1.3354

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