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. 73.43% 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 21/03/2025

Fundamental analysis

21 March, 2025

During European trading, the British Pound decreased against the US Dollar, trading below 1.2950 levels.
The GBP/USD currency egged down the European trading session, following the FED’s decision to keep interest rates at the same level and the BoE also deciding to keep interest rates unchanged. In the UK CBI Industrial Trends Orders for March (- 30 exp) will be posted (11:00 GMT). In the US, FOMC member Williams will speak (13:05 GMT).

Technical analysis

Pound - US Dollar Analysis Technical analysis 21/03/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 21/03/2025

Support & Resistance Level Explanation
Resistance 2 1.2984 Daily R2
Resistance 1 1.2965 Daily R1
Support 1 1.2915 Daily S1
Support 2 1.2896 Daily S2

GBPUSD Indicator Table - 21/03/2025

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

GBPUSD Indicator / Period Table - 21/03/2025

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

GBPUSD 21/03/2025 - Reference Price : 1.2939

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