
Uniglobe Markets
June 6, 2025 at 07:24 AM
*GBP/USD Technical Overview*
GBPUSD is currently pulling back after testing the 1.3620 resistance. The pair is slightly below the 20 EMA and RSI is at 38.3, showing weakening bullish momentum. This could develop into a deeper correction if support levels fail.
Support and Resistance Levels
• Support: 1.3540, 1.3510
• Resistance: 1.3590, 1.3620
Buy Scenario
A bounce from 1.3540 with confirmation on lower timeframes could lead to a retest of 1.3590 and higher.
Sell Scenario
A clean break below 1.3510 may attract sellers toward 1.3475 and potentially 1.3450.
