CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% 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. 70.88% 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 05/01/2026

Fundamental analysis

05 January, 2026

During Asian trading, the British pound fell against the US Dollar trading below 1.35000 levels.
The GBP/USD traded lower in the Asian session, as tensions ratcheted up following the US military attack upon Venezuela, driving demand for the safe haven dollar against its rivals. In the UK, Bank of England consumer credit for November (1.119 bln previous month) will be posted (09:30 GMT). In the US, ISM Manufacturing PMI data for December (48.2 last month) will be posted (15:00 GMT).

Technical analysis

Pound - US Dollar Analysis Technical analysis 05/01/2026
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 05/01/2026

Support & Resistance Level Explanation
Resistance 2 1.3472 Daily R2
Resistance 1 1.3456 Daily R1
Support 1 1.3412 Daily S1
Support 2 1.3396 Daily S2

GBPUSD Indicator Table - 05/01/2026

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

GBPUSD Indicator / Period Table - 05/01/2026

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

GBPUSD 05/01/2026 - Reference Price : 1.3434

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