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 28/04/2025

Fundamental analysis

28 April, 2025

During European trading, the British Pound increased against the US Dollar, trading above 1.3300 levels.
The GBP/USD currency gained ground in the European trading session, as UBS increased its target for the pair citing broader dollar weakness. In the UK, there are no data releases set for today. In the US, Dallas FED Mfg Business Index for April (-16.3 last month) will be released (15:30 GMT+1).

Technical analysis

Pound - US Dollar Analysis Technical analysis 28/04/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 28/04/2025

Support & Resistance Level Explanation
Resistance 2 1.3416 Daily R2
Resistance 1 1.3384 Daily R1
Support 1 1.3298 Daily S1
Support 2 1.3266 Daily S2

GBPUSD Indicator Table - 28/04/2025

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

GBPUSD Indicator / Period Table - 28/04/2025

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

GBPUSD 28/04/2025 - Reference Price : 1.3341

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