British Pound / U.S. Dollar
Short
Updated

GBPUSD consolidates resistance zone and declines

71
Plan GBPUSD day: 16 June 2025

Related Information: !!!

The Pound Sterling (GBP) ticks up to near 1.3590 against the US Dollar (USD) so far on Monday, remaining inside Friday’s trading range. The GBP/USD pair is expected to keep trading within a tight range as investors have sidelined ahead of monetary policy announcements by the Federal Reserve (Fed) and the Bank of England (BoE), due on Wednesday and Thursday, respectively.

At the start of the week, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, edges down to near 98.00.

Investors will closely monitor the interest rate guidance from both central banks, while they are expected to leave those unchanged at their current levels

personal opinion:!!!


At the beginning of the week, there was not much important news. GBPUSD price was sideways and reacted to resistance and support zones.

Important price zone to consider :

SELL point: zone 1.35950


Sustainable trading to beat the market
Trade active
DXY weakens , creating bullish momentum for GBPUSD
Trade closed: target reached
snapshot

exactly trend , decrease

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.