CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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. 70.91% 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

US Session Analysis for CFD Instruments 26/02/2025

Fundamental analysis

26 February, 2025

During European trading, the British Pound increased against the US Dollar, trading above 1.2600 levels.

The GBP/USD currency rose following a weakening dollar influenced by worse than expected consumer confidence data from the U.S. In the UK, Bank of England Member Dhingra will speak (16:30 GMT). In the US, New Home Sales data for January (677k exp) will be released (15:00 GMT).

Technical analysis

Pound - US Dollar Analysis Technical analysis 26/02/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 26/02/2025

Support & Resistance Level Explanation
Resistance 2 1.2701 Daily R2
Resistance 1 1.2678 Daily R1
Support 1 1.2618 Daily S1
Support 2 1.2595 Daily S2

GBPUSD Indicator Table - 26/02/2025

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

GBPUSD Indicator / Period Table - 26/02/2025

Indicator / Period Day - BuyWeek - BuyMonth - Buy
MACD( 12;26;9) Buy BuySell
RSI (14) Buy BuyBuy
SMA 20 Buy BuyBuy

GBPUSD 26/02/2025 - Reference Price : 1.2648

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