Forex data GBP/USD
Date : 2025-06-16
Opening : 1.35463
Higher up: 1.35609
Below: 1.35373
Closing : 1.35490

Economic news :
GBP/USD Weekly Forecast: Dovish Fed, US-China Trade Deal
Global FX Market Summary: Israel strikes Iran's nuclear facility, Gold, Fed, Currency Volatility, 13 June 2025
Cautious Sentiment In World Markets

Detailed analysis:
For a complete analysis of the GBP/USD forex market on 16 June 2025, we need to look at a number of aspects, including price movements, the impact of economic news and short-term forecasts.

### Technical Analysis :

1. **Price movements:**
- Open:** 1.35463
- Higher:** 1.35609
- Lowest:** 1.35373
- Closing:** 1.35490

The GBP/USD pair showed a slight intraday variation with a close slightly higher than the open, indicating low volatility and a moderate uptrend. Immediate support and resistance levels can be identified around the price lows and highs respectively.

2. **Technical indicators:**
- Moving Averages:** Short-term moving averages (for example, 5 and 10 periods) can be used to confirm the trend. If the short moving average crosses above the long moving average, this may indicate bullish potential.
- RSI (Relative Strength Index):** An RSI around 50 would indicate a neutral condition, while an RSI above 70 or below 30 would signal overbought or oversold conditions respectively.

### Impact of Economic News :

1. **Fed Dovish :**
- The Fed's accommodative monetary policy could weaken the US dollar, strengthening the GBP/USD pair. Investors could be anticipating stable or lower US interest rates, which would make the dollar less attractive.

2. **USA-China Trade Agreement:**
- A positive trade deal between the US and China could improve global market sentiment, indirectly affecting GBP/USD by supporting the dollar with a more optimistic global economic outlook.

3. **Middle East conflict:**
- Geopolitical tensions, such as the Israeli strikes on Iran's nuclear facilities, may increase market volatility. This could push investors towards safe havens such as gold, indirectly affecting the currency market.

### Short Term Forecast :

1. **Bullish scenario:**
- If the Fed continues with its accommodative policy and geopolitical tensions ease, the GBP could strengthen against the USD, pushing the GBP/USD pair towards new short-term highs.

2. **Cashier script:**
- Negative developments in the trade agreement or an escalation of tensions in the Middle East could strengthen the dollar as a safe-haven asset, leading to a fall in the GBP/USD pair.

3. **Neutral scenario:**
- Against a backdrop of mixed news, the pair could remain in a narrow range, hovering around current levels with no clear trend.

### Conclusion :

The GBP/USD pair is currently being influenced by complex economic and geopolitical factors. Investors should keep a close eye on Fed statements, geopolitical developments and key UK and US economic data to better anticipate future movements. A cautious approach and the use of risk management tools are recommended in this potentially volatile market environment.