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 08/01/2026

Fundamental analysis

08 January, 2026

During Asian trading, the British pound was flat against the US Dollar trading below 1.35000 levels.
The GBP/USD was little changed in the Asian session amid some market caution as both the Bank of England and the Fed are currently expected to gradually ease interest rates this year 1-2 times. In the UK, Mortgage Rate data for December (6.81 last month) will be posted (10:00 GMT). In the US, Initial Jobless Claims data (216,000 exp) will be posted (13:30 GMT).

Technical analysis

Pound - US Dollar Analysis Technical analysis 08/01/2026
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 08/01/2026

Support & Resistance Level Explanation
Resistance 2 1.3505 Daily R2
Resistance 1 1.3485 Daily R1
Support 1 1.3430 Daily S1
Support 2 1.3410 Daily S2

GBPUSD Indicator Table - 08/01/2026

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

GBPUSD Indicator / Period Table - 08/01/2026

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

GBPUSD 08/01/2026 - Reference Price : 1.3458

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