
Uniglobe Markets
June 19, 2025 at 07:03 AM
*GBP/USD Technical Overview*
GBP/USD remains heavily bearish after a steep fall, with the pair hovering just above 1.3390. Momentum is weak as RSI hovers around 34, and moving averages continue to diverge downward.
Support and Resistance Levels
Support: 1.3380, 1.3335
Resistance: 1.3440, 1.3485
Buy Scenario
Recovery above 1.3440 could provide short-term relief toward 1.3485.
Sell Scenario
Sustained weakness below 1.3380 may expose deeper declines to 1.3335.
