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

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:
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 technical data and recent economic news. Here is a detailed analysis:

### Current trend

**Technical analysis:**
- GBP/USD opened at 1.34602 and closed slightly lower at 1.34450, indicating slight downward pressure throughout the day.
- Daily range:** The pair traded in a relatively narrow range, with a high of 1.35111 and a low of 1.34405. This narrow range may indicate a period of indecision or consolidation in the market.
- Technical Indicators:** If we consider technical indicators such as moving averages, RSI, or MACD (not provided here but often used), they could help confirm the current trend. For example, an RSI close to 50 would indicate an absence of a clear trend, while a bearish cross on the MACD would signal selling pressure.

### Impact of Economic News

**News influence:**
- Triple-Witching OpEx:** This event, which involves the simultaneous expiry of futures contracts, equity options and index options, may increase market volatility. This could explain some caution among traders, with an indirect impact on GBP/USD.
- Futures and Crude Oil:** Falling futures and rising oil prices due to geopolitical tensions (fears of a US attack on Iran) may affect global risk sentiment. Increased risk aversion could strengthen the US dollar as a safe haven, putting downward pressure on the GBP/USD.
- Calm before the weekend:** Markets tend to be calmer as the weekend approaches, which could contribute to the low volatility seen.

### Short-Term Forecasts

**Possible scenarios:**
- If geopolitical tensions persist and risk aversion increases, the dollar could continue to strengthen, pushing GBP/USD lower.
- Technical Rebound:** If the 1.34405 level (low for the day) holds as support, a technical rebound could occur, especially if there is positive economic news for the UK or negative news for the US.
- Consolidation:** The pair could also continue to trade in a narrow range if traders remain cautious while waiting for more clarity on geopolitical and economic developments.

**Conclusion:** The GBP/USD pair is showing signs of downward pressure, influenced by external factors and potentially increased volatility due to economic events. Traders should keep a close eye on geopolitical developments and major economic releases to adjust their strategies.