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 04/02/2025

Fundamental analysis

04 February, 2025

During Asian trading, the British pound fell against the US Dollar trading below 1.2400 levels.

The GBP/USD is falling this morning after strong US economic data released from yesterday supported the American dollar. In the UK, no major data releases will be posted today. In the US, JOLTS Job Openings for December (8.01M exp) will be posted today (15:00 GMT).

Technical analysis

Pound - US Dollar Analysis Technical analysis 04/02/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 04/02/2025

Support & Resistance Level Explanation
Resistance 2 1.2466 Daily R2
Resistance 1 1.2437 Daily R1
Support 1 1.2360 Daily S1
Support 2 1.2331 Daily S2

GBPUSD Indicator Table - 04/02/2025

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

GBPUSD Indicator / Period Table - 04/02/2025

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

GBPUSD 04/02/2025 - Reference Price : 1.2398

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