CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Pound - US Dollar Analysis

US Session Analysis for CFD Instruments 10/01/2025

Fundamental analysis

10 January, 2025

During European trading, the British Pound decreased against the US Dollar, trading below 1.2300 levels.

The currency pair retreated in the last couple of days following Deutsche Bank's recommendation to sell the pound as the worst performing currency of 2024. Deutsche Bank also expressed concerns over the UK's fiscal outlook. In the UK there are no major data releases today. In the US, Nonfarm Payrolls (164K expected) and Unemployment Rate (4.2% exp) will be released (13:30 GMT).

Technical analysis

Pound - US Dollar Analysis Technical analysis 10/01/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 10/01/2025

Support & Resistance Level Explanation
Resistance 2 1.2371 Daily R2
Resistance 1 1.2335 Daily R1
Support 1 1.2240 Daily S1
Support 2 1.2205 Daily S2

GBPUSD Indicator Table - 10/01/2025

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

GBPUSD Indicator / Period Table - 10/01/2025

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

GBPUSD 10/01/2025 - Reference Price : 1.2288

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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