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 06/03/2026

Fundamental analysis

06 March, 2026

During Asian trading, the British pound was stable against the US Dollar trading above 1.3300 levels.
The GBP/USD was little changed in the Asian session ahead of US nonfarm payrolls data, while in the UK the chances of a Bank of England interest rate cut in March are diminishing due to rising energy costs. In the UK, Mortgage Rate data for February (6.62% last month) will be released (11.00 GMT). In the US, Nonfarm Payrolls and Unemployment Rate data for February (58k and 4.3% respectively expected) will be posted (14:30 GMT).

Technical analysis

Pound - US Dollar Analysis Technical analysis 06/03/2026
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 06/03/2026

Support & Resistance Level Explanation
Resistance 2 1.3441 Daily R2
Resistance 1 1.3407 Daily R1
Support 1 1.3315 Daily S1
Support 2 1.3281 Daily S2

GBPUSD Indicator Table - 06/03/2026

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

GBPUSD Indicator / Period Table - 06/03/2026

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

GBPUSD 06/03/2026 - Reference Price : 1.3361

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