Forex data GBP/USD
Date : 2025-06-20
Opening : 1.34602
Higher up: 1.34996
Below: 1.34602
Closing : 1.34940

Economic news :
Futures Tumble, Oil Soars On Mounting Fears US Will Strike Iran
GBP/USD Steady as BoE Balances Rate Pause Against UK Economic Weakness
ForexLive European FX news wrap: SNB cuts to 0%, BOE stays on hold as anticipated

Detailed analysis:
To carry out a complete analysis of the Forex market for the GBP/USD pair on 20 June 2025, it is essential to take into account both the price movements observed and the major economic news events influencing the market. Here is a detailed analysis:

### Current trend
The GBP/USD pair showed a modest advance over the session, opening at 1.34602 and closing at 1.34940. The movement indicates a slight uptrend over the course of the day, although the range was relatively narrow, with a high of 1.34996 and a low identical to the opening price at 1.34602. This suggests a period of consolidation after a possible previous more volatile move, or a wait-and-see attitude on the part of investors in the face of current uncertainties.

### Impact of economic news
1. **Geopolitical tensions**: Rising tensions between the US and Iran, as indicated by rising oil prices, may create increased volatility in the FX market due to geopolitical uncertainty. Rising oil prices could have inflationary repercussions, potentially influencing future monetary policy, particularly in the United States, and indirectly impacting GBP/USD.

2. **UK monetary policy**: The Bank of England (BoE) held interest rates steady, which was anticipated by the market. However, the fact that the BoE is balancing a pause in rates with economic weakness in the UK could limit significant upward movements for sterling. The BoE's cautious stance reflects ongoing economic uncertainty, which could keep the GBP under pressure if economic data does not improve.

3. **SNB decisions**: Although the Swiss National Bank's (SNB) decision to cut rates at 0% is more directly linked to the Swiss franc, it illustrates an environment of accommodative monetary policy in Europe, which could influence monetary policy expectations in the UK and the US, and consequently the GBP/USD pair.

### Short-term forecasts
There are several possible scenarios for future sessions:

1. **Bullish scenario**: If geopolitical tensions ease and UK economic data shows signs of recovery, the pound could appreciate further, pushing the GBP/USD pair to test resistance levels above 1.3500.

2. **Bearish scenario**: If tensions between the United States and Iran escalate, volatility could rise, with a possible flight to safety towards the US dollar, pushing the pair lower. In addition, if UK economic data continues to show weakness, this could also put downward pressure on the pound.

3. **Neutral scenario**: If economic and geopolitical conditions remain stable with no significant news, the pair could continue to move in a narrow range, reflecting consolidation.

In conclusion, the GBP/USD pair is influenced by a combination of economic and geopolitical factors. Investors need to keep a close eye on economic developments in the UK and the US, as well as geopolitical developments, in order to adjust their strategies accordingly.