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 18/03/2025

Fundamental analysis

18 March, 2025

During European trading, the British Pound increased against the US Dollar, trading above 1.2990 levels.

The GBP/USD currency climbed up the European trading session, ahead of the Bank of England interest rate decision on Thursday. In the UK there is no major data set for release today. In the US, Year on Year Industrial Production data for February (2.0% last month) will be released (12:30 GMT).

Technical analysis

Pound - US Dollar Analysis Technical analysis 18/03/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 18/03/2025

Support & Resistance Level Explanation
Resistance 2 1.3035 Daily R2
Resistance 1 1.3014 Daily R1
Support 1 1.2960 Daily S1
Support 2 1.2939 Daily S2

GBPUSD Indicator Table - 18/03/2025

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 - 18/03/2025

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

GBPUSD 18/03/2025 - Reference Price : 1.2987

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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