Forex data GBP/USD
Date : 2025-06-19
Opening : 1.34214
Higher up: 1.34269
Below: 1.34152
Closing : 1.34200
Economic news :
GBP/USD, Oil Forecast: Two Trades to Watch
GBP/USD Hits New June Low
CPI Softening Boosts FTSE 100
Detailed analysis:
To carry out a complete analysis of the GBP/USD forex market on 19 June 2025, we need to take into account price data, major economic news and current trends. Here is a detailed analysis:
### 1. Price Data Analysis
- Opening:** 1.34214
- Higher:** 1.34269
- Lower:** 1.34152
- Closing:** 1.34200
The GBP/USD pair showed little volatility on the day, with a slight downward movement, as evidenced by the close slightly below the open. The narrow range indicates a day of consolidation, with market forces relatively balanced.
### 2. Current trend
The pair hit a new low for the month of June, which could indicate an underlying downtrend. The low volatility and close near the open may also suggest a period of waiting or uncertainty in the market.
### 3 Impact of Economic News
- GBP/USD, Oil Forecast: Two Trades to Watch:** Oil forecasts can have an indirect impact on GBP/USD, particularly if they influence the UK or US economic outlook.
- GBP/USD Hits New June Low:** The fact that the pair hit a new low in June reinforces the idea of continued downward pressure. This could be due to unfavourable economic factors for the UK or increased strength in the US dollar.
- CPI Softening Boosts FTSE 100:** A softening in the Consumer Price Index (CPI) could reduce expectations of interest rate rises by the Bank of England, which would weaken sterling. However, if this boosts UK equities (FTSE 100), it could mitigate some of the negative impacts.
### 4. Short-term forecasts
- Bearish scenario:** If the downward pressure persists, the pair could continue to test new lows, especially if UK economic data continues to disappoint or if the US dollar strengthens further. Traders could target the next support level around 1.3400.
- Bullish scenario:** If positive economic data emerges for the UK or if the US dollar weakens, there could be a technical rebound. In this case, the pair could aim to rally towards resistance levels near 1.3450.
### Conclusion
The GBP/USD pair appears to be under bearish pressure, with a new low reached in June. Traders need to keep an eye on economic developments, particularly inflation and monetary policy, to anticipate future movements. Technical levels and economic announcements will play a crucial role in the pair's short-term performance.
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