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 06/11/2025

Fundamental analysis

06 November, 2025

During Asian trading, the British pound inched higher against the US Dollar trading above 1.3000 levels.
The GBP/USD extended gains to the second session ahead of the Bank of England interest rate decision and amid a softer dollar. In the UK, the Bank of England Interest Rate Decision (4%: unchanged exp) will be posted (12:00 GMT). In the US Initial Jobless Claims (218,000 last month) will be released (13:30 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*Most US Government data will not be published (or will be delayed) because of a government shutdown.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 06/11/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 06/11/2025

Support & Resistance Level Explanation
Resistance 2 1.3115 Daily R2
Resistance 1 1.3091 Daily R1
Support 1 1.3028 Daily S1
Support 2 1.3004 Daily S2

GBPUSD Indicator Table - 06/11/2025

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

GBPUSD Indicator / Period Table - 06/11/2025

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

GBPUSD 06/11/2025 - Reference Price : 1.3067

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