Forex data GBP/USD
Date : 2025-06-20
Opening : 1.34602
Higher up: 1.35111
Below: 1.34405
Closing : 1.34450

Economic news :
GBP/USD Weekly Forecast: Diverging Fed-BoE Weighs on Pound
Futures Rise Ahead Of Record $5.9 Trillion Triple-Witching OpEx
ForexLive European FX news wrap: Markets quiet, tentative as the weekend draws closer

Detailed analysis:
### Complete Forex Market Analysis - GBP/USD

#### Market Context
The forex market is influenced by many economic, political and social factors. For GBP/USD, the monetary policies of the Bank of England (BoE) and the US Federal Reserve (Fed) play a crucial role.

#### Performance of the Day (20 June 2025)
- Opening:** 1.34602
- Higher:** 1.35111
- Lowest:** 1.34405
- Closing:** 1.34450

The GBP/USD pair showed moderate volatility, reaching a high of 1.35111 before falling to close at 1.34450. This indicates downward pressure on the day.

#### Major Economic News

1. **Fed-BoE divergence:** Divergent monetary policies between the Fed and the BoE continue to influence the GBP/USD pair. The Fed could maintain or raise interest rates to fight inflation, which makes the dollar more attractive. On the other hand, the BoE could adopt a more cautious approach due to domestic economic concerns, weighing on sterling.

2. **Triple-Witching OpEx:** This phenomenon occurs when futures, equity options and index options expire simultaneously, which can increase volatility in the markets. This could create unpredictable movements in the GBP/USD pair, although the direct impact is generally greater on equity markets.

3. **Calm markets:** European markets are showing a degree of caution ahead of the weekend, which could limit significant movements in GBP/USD in the very short term.

#### Technical Analysis

- Current trend:** The overall trend for the day looks bearish, closing below the opening and close to the day's low. This could indicate continued selling pressure in the short term.

- Technical levels:**
- Support:** The 1.34405 level (today's low) could serve as immediate support.
- Resistance:** The 1.35111 level (day's high) is short-term resistance.

#### Short-Term Forecasts

1. **Bullish scenario:** If the pair manages to hold above support at 1.34405 and positive news emerges for the pound, we could see a rebound towards resistance at 1.35111.

2. **Bearish scenario:** A break below support at 1.34405 could pave the way for a further decline, potentially to untested lows.

3. **Neutral scenario:** In the absence of major catalysts, the pair could oscillate in a narrow range, stabilising around current levels.

#### Conclusion
The GBP/USD pair is currently being influenced by the divergence in monetary policies between the Fed and the BoE, which could continue to weigh on sterling. Investors will need to keep a close eye on economic developments and political announcements to assess the pair's future direction. Particular attention should be paid to key technical levels to anticipate short-term movements.