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:
For a full analysis of the GBP/USD forex market for 20 June 2025, let's take a look at the various elements provided and their potential impact.

### Technical Analysis

1. **Price data:**
- Opening:** 1.34602
- Higher:** 1.35111
- Lowest:** 1.34405
- Closing:** 1.34450

The fact that the GBP/USD pair closed below its opening price after hitting a high of 1.35111 indicates selling pressure. The pair showed some intraday volatility, with the gap between high and low at 106 pips, which is relatively moderate.

2. **Current trend:**
- The close lower than the opening price, combined with the inability to maintain the higher levels, suggests a short-term downtrend. This could be a sign of a reversal or correction after a period of upward movement.

### Impact of Economic News

1. **Fed-BoE divergence:**
- News of a divergence in monetary policy between the Federal Reserve (Fed) and the Bank of England (BoE) could weigh on sterling. If the Fed adopts a more restrictive monetary policy than the BoE, this could strengthen the US dollar against the pound.

2. **Triple-Witching OpEx :**
- The phenomenon of 'triple witching' (simultaneous expiry of several types of derivative contract) can create volatility in the financial markets. Although this mainly affects equities, uncertainty and volatility can also influence the foreign exchange market.

3. **Quiet Markets Approaching Weekend:**
- Reports of a quiet market in Europe as the weekend approaches may signal a reduction in trading activity, which could limit major movements until the markets reopen the following week.

### Short-Term Forecasts

1. **Possible scenarios:**
- Bearish scenario:** If selling pressure continues, GBP/USD could test new lows, especially if future economic data reinforces the divergence between Fed and BoE policies.
- Bullish scenario:** A technical rebound could occur if the pair finds solid support around current levels, especially if positive economic news about the UK or more accommodative comments from the Fed emerge.
- Neutral scenario:** The pair could enter a consolidation phase if markets remain calm and economic news is mixed, oscillating in a narrow range.

### Conclusion

The GBP/USD pair appears to be under pressure in the short term, influenced by the divergence between the monetary policies of the Fed and the BoE as well as other market factors. Traders should keep a close eye on economic announcements and central bank statements to assess the pair's future trend.