Weekly Analysis List
GBP/USD Weekly Analysis
6/23/25
Market Overview
GBP/USD Weekly Analysis (23–27 June 2025)
📊 Market Snapshot
Current Price 1.3619
Last Week’s Range: Approximately 1.3586 – 1.3630
Weekly Performance: Stable below key resistance despite dollar weakness
🔍 Technical Overview
Support Levels
1.3585 – Recent weekly low
1.3550 – Near-term support
1.3500 – Medium-term 50-day EMA level
Resistance Levels:
1.3630 – 1.3640 – Immediate resistance zone
1.3700 – Key psychological barrier
1.3750 – Intermediate resistance if upside resumes
Indicators:
Price remains above the 50- and 200-day EMA, indicating a possible bullish bias
RSI ~55 → neutral, signaling potential movement in either direction
📰 Fundamental Highlights
Dollar Pressure: Fiscal concerns in the U.S. continue to impact the dollar
UK Data
Bank of England Watch: BoE likely to pause on policy; markets await upcoming inflation data
📅 Key Events This Week
26 June (Thu) – U.K. Retail Sales data
27 June (Fri) – U.S. Durable Goods Orders & Consumer Sentiment
📌 Weekly Outlook & Strategy
Bullish Scenario:
Consider buying above 1.3585, aiming for 1.3630 – 1.3640
A breakout above 1.3640 could target 1.3700
Bearish Scenario
Monitor for resistance around 1.3630 – 1.3640
A drop below 1.3585 may lead to declines towards 1.3550 and potentially 1.3500
Conclusion
💡 Trader Tip
“GBP/USD is consolidating below 1.3640. The pair needs to break and maintain above this resistance for further upward movement; otherwise, a move below 1.3585 could indicate a downward trend.”