
Uniglobe Markets
June 20, 2025 at 08:02 AM
*GBP/USD Technical Overview*
GBPUSD has rebounded sharply from the 1.3380 area, now testing the psychological 1.3500 barrier. The RSI is at 67.10, close to overbought. Momentum remains bullish but near-term resistance is strong.
Support and Resistance Levels
Resistance: 1.3505, 1.3535
Support: 1.3440, 1.3410
Buy Scenario
A decisive close above 1.3505 confirms bullish continuation toward 1.3535.
Sell Scenario
Rejection at 1.3505 combined with RSI stalling near 70 could trigger a pullback to 1.3440.
