Forex data GBP/USD
Date : 2025-06-23
Opening : 1.34039
Higher up: 1.34486
Below: 1.33699
Closing : 1.33810

Economic news :
Central banks' decisions loom amidst global uncertainty, Octa Broker offers its view
Monday open levels, indicative FX prices, 16 June 2025 - USD up after Trump bombs Iran
GBP/USD Weekly Forecast: Diverging Fed-BoE Weighs on Pound

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

#### 1. **Current trend:**
GBP/USD closed at 1.33810 after opening at 1.34039. The day was characterised by a slight fall, with the price moving between a high of 1.34486 and a low of 1.33699. This movement reflects a degree of volatility, but a general downward trend over the day.

#### 2. **Impact of economic news:**
- Central bank decisions:** Upcoming decisions by central banks, in particular the US Federal Reserve (Fed) and the Bank of England (BoE), are creating uncertainty in the market. If the Fed maintains a tighter monetary policy than the BoE, this could strengthen the dollar against sterling.
- Geopolitical situation:** The attack on Iran by the United States under the Trump administration has led to a rise in geopolitical uncertainty, which tends to strengthen the dollar as a safe-haven asset. This could explain the downward pressure on the pound.
- Divergent economic forecasts:** The divergent economic outlook between the UK and the US is also weighing on the pound. If the Fed continues to tighten monetary policy while the BoE remains more accommodative, this could lead to a further fall in the GBP/USD.

#### 3. **Short-term forecasts:**
- Bullish scenario:** If the BoE adopts a more hawkish stance in its forthcoming statements or if UK economic data surprise positively, GBP/USD could rebound towards resistance at 1.3450.
- Bearish scenario:** On the other hand, if geopolitical tensions intensify or if the Fed remains firm on its rate hikes, the pair could continue to fall, testing support at 1.3350 or even lower.
- Neutral scenario:** In the absence of any significant news, the pair could consolidate between 1.3350 and 1.3450, with traders waiting for clarification on monetary policy.

### Conclusion
The GBP/USD pair is currently being influenced by complex macroeconomic and geopolitical factors. Investors should keep a close eye on central bank statements and geopolitical developments to anticipate future movements. Cautious risk management is recommended given the current volatility.