empty
20.06.2025 07:16 AM
GBP/USD Forecast for June 20, 2025

GBP/USD

On Wednesday and Thursday, the British pound tried to consolidate below the support level 1.3433 but was unsuccessful. The price is rising steadily, aiming to break above the MACD line at 1.3555 and even above the resistance level of 1.3635.

This image is no longer relevant

The embedded line of the price channel, at the point where it intersects with the October 2021 high, is a promising target for upward movement. A consolidation below 1.3433 would invalidate this primary bullish scenario.

This image is no longer relevant

On the H4 chart, the Marlin oscillator has settled in positive territory, creating the foundation for an attempt to attack the MACD line at 1.3520. A breakout above this level would pave the way for continued growth toward 1.3635.

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

EUR/USD Forecast for July 9, 2025

On Tuesday, the euro attempted a downward move but failed to reach support at the MACD line, stopping at the target level of 1.1692. The day closed with a white

Laurie Bailey 06:58 2025-07-09 UTC+2

GBP/USD Forecast for July 9, 2025

Yesterday, the British pound tested the area around the daily balance line. This move revealed the weakness of support levels on the path toward the target level of 1.3414, which

Laurie Bailey 06:30 2025-07-09 UTC+2

USD/JPY Forecast for July 9, 2025

USD/JPYThe USD/JPY pair appears to be completing the formation of a triangle. There are several possible scenarios. According to the main scenario, the pair is likely to test the upper

Laurie Bailey 06:25 2025-07-09 UTC+2

AUD/JPY. Analysis and Forecast

On Tuesday, the AUD/JPY pair showed confident growth, reaching a nearly four-month high following the Reserve Bank of Australia's (RBA) unexpected decision to keep interest rates unchanged. At the same

Irina Yanina 12:41 2025-07-08 UTC+2

Forecast for EUR/USD on July 8, 2025

On Monday, the EUR/USD pair continued a mild downward movement. After reaching the 127.2% retracement level at 1.1712, the pair neither rebounded nor consolidated. Therefore, the 1.1712 level should

Samir Klishi 12:24 2025-07-08 UTC+2

Forecast for GBP/USD on July 8, 2025

On the hourly chart, the GBP/USD pair traded sideways on Monday, and traders began to ignore the 1.3611–1.3633 level. At the moment, we cannot say whether the price is rebounding

Samir Klishi 12:18 2025-07-08 UTC+2

Will Divergence in RSI bring weakness to Crude Oil? Tuesday, July 8, 2025.

Crude Oil – Tuesday, July 8, 2025 The surge in Crude Oil production from OPEC raises concerns about excessive supply flooding the world market and the possibility of weakening global

Arief Makmur 08:59 2025-07-08 UTC+2

Could the weakening that occurred in Fiber be temporary? Tuesday, July 8, 2025.

EUR/USD – Tuesday, July 8, 2025 Data from the Eurozone that is starting to improve and signals of Dovish policy from The Fed provide an opportunity for EUR/USD to strengthen

Arief Makmur 08:59 2025-07-08 UTC+2

EUR/USD Forecast for July 8, 2025

On Monday, the euro declined by 71 pips, testing the support at 1.1692. As anticipated, the price did not attempt to break through the MACD line immediately but chose instead

Laurie Bailey 06:14 2025-07-08 UTC+2

GBP/USD Forecast for July 8, 2025

GBP/USDAmid yesterday's 0.56% rise in the U.S. dollar index, the British pound declined by 0.20% (-51 points). The price moved further away from the 1.3635 level, while the Marlin oscillator

Laurie Bailey 05:56 2025-07-08 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.