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 10/04/2025

Fundamental analysis

10 April, 2025

During Asian trading, the British pound increased against the US Dollar trading above 1.2800 levels.

The GBP/USD currency gained ground following US President Trump’s announcement of a three month suspension of tariffs on all countries except China. In the UK Bank of England Credit Conditions Survey will be released (09:30 GMT+1). In the US, CPI Inflation data for March (2.5% exp) and US Initial Jobless Claims (223k exp) will be posted (13:30 GMT+1).

Technical analysis

Pound - US Dollar Analysis Technical analysis 10/04/2025
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 10/04/2025

Support & Resistance Level Explanation
Resistance 2 1.3005 Daily R2
Resistance 1 1.2945 Daily R1
Support 1 1.2786 Daily S1
Support 2 1.2726 Daily S2

GBPUSD Indicator Table - 10/04/2025

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

GBPUSD Indicator / Period Table - 10/04/2025

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

GBPUSD 10/04/2025 - Reference Price : 1.2866

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