Forex data GBP/USD
Date : 2025-06-20
Opening : 1.34602
Higher up: 1.35111
Below: 1.34446
Closing : 1.34460

Economic news :
Futures Rise Ahead Of Record $5.9 Trillion Triple-Witching OpEx
ForexLive European FX news wrap: Markets quiet, tentative as the weekend draws closer
Futures Tumble, Oil Soars On Mounting Fears US Will Strike Iran

Detailed analysis:
**Comprehensive analysis of the GBP/USD Forex market**.

**Date:** 2025-06-20
**Opening:** 1.34602
**Higher:** 1.35111
**Lowest:** 1.34446
**fence:** 1.34460

### Current trend

The GBP/USD pair showed moderate volatility during the session, opening at 1.34602 and closing slightly lower at 1.34460. Intraday movement reached a high of 1.35111, indicating an attempt to move higher, but selling pressure brought the price back close to its low for the day at 1.34446. This dynamic suggests slight downward pressure on the pair at the close of the session.

### Impact of Economic News

1. **Future Rise Ahead Of Record $5.9 Trillion Triple-Witching OpEx**.
Triple witching, an event in which index futures, index options and equity options expire simultaneously, tends to increase volatility on financial markets. Although directly linked to equity markets, this event can influence investor sentiment on forex, particularly if stock market movements affect risk appetite. An increase in volatility could have contributed to the intraday fluctuation seen in the GBP/USD pair.

2. **ForexLive European FX News Wrap: Markets quiet, tentative as the weekend draws nearer**.
European markets have been described as quiet and hesitant, which may reflect caution ahead of the weekend. This could explain a lack of clear direction in GBP/USD, as investors await events or news that could provide more clarity.

3. **Future Tumble, Oil Soars On Mounting Fears US Will Strike Iran**.
Geopolitical tensions, particularly fears of US military action against Iran, have led to a rise in oil prices. More expensive oil can have an inflationary effect, but the immediate implications for GBP/USD could be an increase in risk aversion, which can support the US dollar as a safe haven. This could explain the downward pressure on the pair.

### Short-Term Forecasts

There are several possible scenarios for future sessions:

- Bullish scenario:** If geopolitical tensions ease or positive economic data emerges from the UK, we could see GBP/USD retest the resistance level around 1.35111.

- Bearish scenario:** If tensions intensify or if US economic data strengthens the dollar, the pair could fall further, testing support around 1.34446 or even lower.

- Neutral scenario:** A lack of significant news could keep the pair in a narrow range, with movements limited by cautious investor sentiment.

In summary, the GBP/USD pair is currently being influenced by global geopolitical and economic factors, and investors should keep a close eye on developments in these areas to anticipate future movements.