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 06/02/2026

Fundamental analysis

06 February, 2026

During Asian trading, the British pound climbed against the US Dollar trading above 1.35000 levels.
The GBP/USD pushed higher in the Asian session after opening at a two week trough and following yesterday’s BoE interest rate (split 5-4) decision to leave rates unchanged. In the UK the Bank of England Member Pill will speak (12:00 GMT). In the US, Initial Jobless Claims (212k exp) will be released (13:30 GMT).

Technical analysis

Pound - US Dollar Analysis Technical analysis 06/02/2026
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 06/02/2026

Support & Resistance Level Explanation
Resistance 2 1.3641 Daily R2
Resistance 1 1.3610 Daily R1
Support 1 1.3528 Daily S1
Support 2 1.3498 Daily S2

GBPUSD Indicator Table - 06/02/2026

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 - 06/02/2026

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

GBPUSD 06/02/2026 - Reference Price : 1.3569

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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