
Uniglobe Markets
June 10, 2025 at 06:58 AM
*GBP/USD Technical Overview*
GBPUSD remains subdued after a retracement from the 1.3600 peak. Price is hovering below the 20 EMA, and the RSI is drifting near oversold territory. Sellers may still have control unless the pair breaks above recent resistance.
Support and Resistance Levels
• Support: 1.3515, 1.3485
• Resistance: 1.3560, 1.3595
Buy and Sell Scenarios
Buy scenario: Recovery above 1.3560 could open the way to retest 1.3595.
Sell scenario: Continuation below 1.3515 may expose 1.3485 as the next downside level.
