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

EU Session Analysis for CFD Instruments 08/04/2025

Fundamental analysis

08 April, 2025

During Asian trading, the British pound climbed against the US Dollar trading above 1.2700 levels.

The GBP/USD currency rose after hitting a fresh more than one month low in yesterday’s session, but traders anticipate news about a potential trade deal between the UK and US soon. In the UK there are no data releases today. In the US, Fed member Daly will speak (21:30 GMT+1).

Technical analysis

Pound - US Dollar Analysis Technical analysis 08/04/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 08/04/2025

Support & Resistance Level Explanation
Resistance 2 1.2892 Daily R2
Resistance 1 1.2848 Daily R1
Support 1 1.2729 Daily S1
Support 2 1.2684 Daily S2

GBPUSD Indicator Table - 08/04/2025

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 - 08/04/2025

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

GBPUSD 08/04/2025 - Reference Price : 1.2788

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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