CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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 can afford to take the high risk of losing your money.

Pound - US Dollar Analysis

EU Session Analysis for CFD Instruments 15/01/2025

Fundamental analysis

15 January, 2025

During Asian trading, the British inched lower against the US Dollar trading below 1.2200 levels.
The currency pair traded flat but attracted some sellers during the Asian session ahead of crucial inflation data both in the UK and the US today. In the UK CPI Inflation data for December (2.6% exp) will be posted (07:00 GMT). In the US, Year on Year CPI Inflation data for December (2.9% expected) will be released (13:30 GMT).

Technical analysis

Pound - US Dollar Analysis Technical analysis 15/01/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 15/01/2025

Support & Resistance Level Explanation
Resistance 2 1.2297 Daily R2
Resistance 1 1.2256 Daily R1
Support 1 1.2146 Daily S1
Support 2 1.2104 Daily S2

GBPUSD Indicator Table - 15/01/2025

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

GBPUSD Indicator / Period Table - 15/01/2025

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

GBPUSD 15/01/2025 - Reference Price : 1.2201

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