GBPUSD Analysis: Unexpected committee attitude

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for FEB 7, 2025.

Fundamental Analysis of GBPUSDGBPUSD Key Takeaways

Bank of England rate cut: The Bank of England cut interest rates by 25 basis points to 4.5%, but two of the nine members prefer a 50 basis point cut. The vote may reflect concerns about weak economic growth prospects.

NFP is to be released: Amid the stirring of new news on no tariffs, the market is pinning its hopes on Friday’s non-farm data. The mixed employment-related data released by the United States over the past week has made investors pay more attention to the US non-farm employment data in January. If the non-farm data, like ADP, shows that the US labor market is still expanding at a healthy pace, the US dollar index will remain strong.

 

Technical Analysis of GBPUSD Daily and Hourly Charts

GBPUSD Daily Chart Insights

(GBPUSD Daily Price Chart, Source: Ultima Markets MT4)

Stochastic oscillator: The indicator did not enter the overbought area and sent a short signal again. Therefore, the trend of the pound today is extremely critical. If it falls below yesterday’s low of 1.23617, there is a probability of continued decline.

Strong resistance area: This week, the pound rose to the black 65-day MA against the US dollar and then fell. This price is also near the previous 1.25172 market structure shift (MSS), so it is difficult for the exchange rate to break through this strong resistance price. On the contrary, if the exchange rate effectively stands above this price, the next target of the pound will be the green 200-day MA.

 

GBPUSD 1-hour Chart Analysis 

(GBPUSD H1 Price Chart, Source: Ultima Markets MT4)

Stochastic oscillator: The indicator weakened along with the exchange rate during the Asian session, and is about to send a short signal. Based on the strong rebound in the US market yesterday, the rebound upward trend will be given priority during the Asian session today.

Rebound high: If GBP/USD continues to rebound, the first target will be the fair value gap, which is also near the black 65-period MA. If the exchange rate continues to break through the upper edge of the fair value gap, the second rebound target will be 1.24893.

 

Pivot Indicator Insights for GBPUSD

(GBPUSD M30 Price Chart, Source: Ultima Markets APP)

According to Pivot Indicator in Ultima Markets APP, the central price of the day is established at 1.2390,

Bullish Scenario: Bullish sentiment prevails above 1.2390, first target 1.2475, second target 1.2510;

Bearish Outlook: In a bearish scenario below 1.2390, first target 1.2360, second target 1.2335.

How to Navigate the Forex Market with Ultima Markets To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you with valuable insights to empower your financial journey.

For personalized guidance tailored to your specific financial situation, please do not hesitate to contact Ultima Markets.

Join Ultima Markets today and access a comprehensive trading ecosystem equipped with the tools and knowledge needed to thrive in the financial markets.

Stay tuned for more updates and analyses from our team of experts at Ultima Markets.

—–

Legal Documents

Ultima Markets, a trading name of Ultima Markets Ltd, is authorized and regulated by the Financial Services Commission “FSC” of Mauritius as an Investment Dealer (Full-Service Dealer, excluding Underwriting) (license No. GB 23201593). The registered office address: 2nd Floor, The Catalyst, 40 Silicon Avenue, Ebene Cybercity, 72201, Mauritius.

Copyright © 2025 Ultima Markets Ltd. All rights reserved.

Disclaimer  

Comments, news, research, analysis, price, and all information contained in the article only serve as general information for readers and do not suggest any advice. Ultima Markets has taken reasonable measures to provide up-to-date information, but cannot guarantee accuracy, and may modify without notice. Ultima Markets will not be responsible for any loss incurred due to the application of the information provided. 

Ultima Markets
Type: STP, ECN, Cent
Regulation: FSC (British Virgin Islands), CySEC (Cyprus), FSCA (South Africa)
read more
Currencies Steady Ahead of Fed; UK CPI Holds, Oil Pressured | 17th September 2025

Currencies Steady Ahead of Fed; UK CPI Holds, Oil Pressured | 17th September 2025

Markets traded cautiously Wednesday as traders awaited the Fed’s rate decision. EUR/USD slipped near 1.1850, NZD/USD retreated below 0.6000, and AUD/USD stayed subdued. WTI crude came under renewed pressure, while UK CPI eased slightly to 3.8%, keeping BoE policy in focus. Volatility is expected to rise as Fed, ECB, and BoE updates drive direction across FX and commodities.
Moneta Markets | 12h 57min ago
ATFX Market Outlook 17th September 2025

ATFX Market Outlook 17th September 2025

U.S. retail sales for August posted robust growth, but tariffs and labor market weakness continue to pose downside risks. All three major U.S. stock indices closed lower in choppy trading as investors remained cautious ahead of the Federal Reserve’s widely anticipated rate cut. The Dow Jones fell 0.27%, the S&P 500 slipped 0.13%, and the Nasdaq eased 0.07%.
ATFX | 20h 32min ago
US 500, USDCAD, GBPUSD

US 500, USDCAD, GBPUSD

Fed rate cut expected; US 500 hits record highs; BoC likely to cut rates; USDCAD eyes breakout; BoE to hold rates; voting split may pressure GBPUSD
XM Group | 2 days ago
ATFX Market Outlook 12th September 2025

ATFX Market Outlook 12th September 2025

US August CPI rose at the fastest pace in seven months, while initial jobless claims jumped to a near four-year high. Even so, Wall Street closed at record highs on Thursday, boosted by gains in Tesla and Micron, and reinforced expectations for a Fed rate cut this month. The Dow rose 1.36%, the S&P 500 0.85%, and the Nasdaq 0.72%—all ending at all-time highs.
ATFX | 5 days ago
ATFX Market Outlook 11th September 2025

ATFX Market Outlook 11th September 2025

U.S. producer prices unexpectedly declined in August, suggesting retailers may be absorbing tariff costs. Wall Street rallied, with the S&P 500 and Nasdaq closing at record highs on Wednesday. Oracle surged 36%, its biggest one-day gain since 1992, while lower-than-expected inflation data reinforced expectations for a Fed rate cut next week. The Dow slipped 0.48%, the S&P 500 rose 0.3%
ATFX | 6 days ago