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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 28/03/2025

Fundamental analysis

28 March, 2025

During European trading, the British Pound increased against the US Dollar, trading above 1.2920 levels.

The GBP/USD currency slightly gained ground in the European trading session, as better than expected UK GDP growth data came in and ahead of the US PCE data. In the UK, Year on Year Retail Sales for February was released with data higher than expected (2.2% realised vs 0.5% expected) and UK YoY Q4 GDP was released with data higher than expected (1.5% realised vs 1.4% expected). In the US, Core PCE Price Index data for February (2.7% exp) will be released (12:30 GMT).

Technical analysis

Pound - US Dollar Analysis Technical analysis 28/03/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 28/03/2025

Support & Resistance Level Explanation
Resistance 2 1.2993 Daily R2
Resistance 1 1.2968 Daily R1
Support 1 1.2900 Daily S1
Support 2 1.2875 Daily S2

GBPUSD Indicator Table - 28/03/2025

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

GBPUSD Indicator / Period Table - 28/03/2025

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

GBPUSD 28/03/2025 - Reference Price : 1.2934

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