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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 16/04/2025

Fundamental analysis

16 April, 2025

During European trading, the British Pound increased against the US Dollar, trading above 1.3270 levels.
The GBP/USD currency gained ground in the European trading session, despite UK inflation coming in lower than expected. In the UK, CPI Inflation data for March was released with data lower than expected (2.6% realised vs 2.7% expected). In the US, Retail Sales data for March (1.4% exp) will be released (13:30 GMT+1) and Fed Chair Powell will speak (18:15 GMT+1).

Technical analysis

Pound - US Dollar Analysis Technical analysis 16/04/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 16/04/2025

Support & Resistance Level Explanation
Resistance 2 1.3358 Daily R2
Resistance 1 1.3318 Daily R1
Support 1 1.3212 Daily S1
Support 2 1.3172 Daily S2

GBPUSD Indicator Table - 16/04/2025

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

GBPUSD Indicator / Period Table - 16/04/2025

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

GBPUSD 16/04/2025 - Reference Price : 1.3267

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