
Uniglobe Markets
June 9, 2025 at 05:32 AM
*GBP/USD Technical Overview*
GBP/USD has rebounded from recent lows, stabilizing above its short-term moving averages. The RSI at 54.37 supports mild bullish momentum, but further confirmation is needed. Market remains cautiously optimistic, pending a breakout.
Support and Resistance Levels
• Resistance: 1.3575, 1.3620
• Support: 1.3520, 1.3480
Buy/Sell Scenarios
**Buy Scenario:** A push above 1.3575 opens up the potential for a move toward 1.3620.
**Sell Scenario:** A drop below 1.3520 could reverse momentum, targeting 1.3480.
