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

EU Session Analysis for CFD Instruments 09/01/2025

Fundamental analysis

09 January, 2025

During Asian trading, the British pound fell against the US Dollar trading below 1.2410 levels.

The currency pair retreated to a nine month low this morning after Fed meeting minutes show that Fed officials are more concerned about the incoming Trump administration potential tariffs than previously thought. In the UK there are no major data releases today. In the US, Fed Member Bowman will speak (18:35 GMT) and the Fed’s Balance Sheet (6,852 bln exp) will be released (21:30 GMT).

Technical analysis

Pound - US Dollar Analysis Technical analysis 09/01/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 09/01/2025

Support & Resistance Level Explanation
Resistance 2 1.2401 Daily R2
Resistance 1 1.2362 Daily R1
Support 1 1.2257 Daily S1
Support 2 1.2218 Daily S2

GBPUSD Indicator Table - 09/01/2025

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

GBPUSD Indicator / Period Table - 09/01/2025

Indicator / Period Day - SellWeek - SellMonth - Sell
MACD( 12;26;9) Sell SellSell
RSI (14) Sell SellSell
SMA 20 Sell SellSell

GBPUSD 09/01/2025 - Reference Price : 1.2309

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