empty
30.06.2025 08:25 AM
Bearish MACD Divergence in GBP/USD has the potential to trigger a weakening, Monday, June 30, 2025.

GBP/USD – Monday, June 30, 2025.

Although there is a potential for GBP/USD to strengthen due to the weakening of the USD (Dovish issue), the emergence of Divergence in MACD has the potential to weaken.

Key Levels

1. Resistance. 2 : 1.37887.

2. Resistance. 1 : 1.37546.

3. Pivot : 1.37188.

4. Support. 1 : 1.36487.

5. Support. 2 : 1.36489.

Tactical Scenario

Pressure-Prone Zone: If the price breaks down and closes below the 1.37188 level, then GBP/USD has the potential to be pressured towards the 1.36487 level.

Momentum Extension Bias: if the 1.36487 level is successfully broken and closes below it, GBP/USD has the potential to continue to the 1.36489 level.

Invalidation Level / Bias Revision

Downside bias is held if the price breaks out and closes above the 1.37887 level.

Technical Summary

EMA 20 is below EMA 50, MACD Divergence appears with Cable price movement, RSI(14) is at the 49.36 level which is Neutral Bearish there is potential for GBP/USD to weaken.

Economic News Release Agenda:

1. UK GDP (QoQ) (Q1) - 13:00 WIB.

2. UK GDP (YoY) (Q1) - 13:00 WIB.

3. US Chicago PMI (Jun) - 20:45 WIB.

This image is no longer relevant

Recommended Stories

EUR/USD. The Pair May Correct Downward Amid Trump's Speech

Today, U.S. President D. Trump is scheduled to speak. Investors, already aware that he might throw in something unexpected, are reducing part of their long positions in the pair just

Pati Gani 10:03 2025-08-14 UTC+2

XAU/USD. Analysis and Forecast

The breakout above the $3358 level, where the 100-period Simple Moving Average (SMA) on the 4-hour chart is located, against the backdrop of the earlier confirmed hold above the 200-period

Irina Yanina 08:38 2025-08-14 UTC+2

There was an attempt to strengthen despite a weakening bias in the commodity asset Palladium against the USD. Thursday, August 14, 2025.

[XPD/USD] – [Thursday, August 14, 2025] Although the bias for Palladium remains weakening, as indicated by the Death Cross of the two EMAs, the RSI (14) which

Arief Makmur 06:21 2025-08-14 UTC+2

Today, the Nasdaq 100 index has the potential to weaken to its nearest support level. Thursday, August 14, 2025.

[Nasdaq 100 Index] – [Thursday, August 14, 2025] Although the EMA (50) is still forming a Golden Cross above the EMA(200), the RSI (14) indicator, which is at a neutral

Arief Makmur 06:21 2025-08-14 UTC+2

EUR/USD Forecast for August 14, 2025

The euro has consolidated above the daily-scale balance indicator line and is slowly continuing its rise toward the MACD line at 1.1770. The Marlin oscillator has entered positive territory

Laurie Bailey 04:57 2025-08-14 UTC+2

GBP/USD Forecast for August 14, 2025

Once again, the British pound has emerged as a leader in the currency market during the rise in stock indexes, showing strong risk appetite. However, we will see the consequences

Laurie Bailey 04:57 2025-08-14 UTC+2

EUR/JPY Forecast for August 14, 2025

We continue to view the EUR/JPY currency pair as an indicator of stock market investor sentiment. At the moment, we see that the price has "changed its mind" about retesting

Laurie Bailey 04:57 2025-08-14 UTC+2

Trading Signals for EUR/USD for August 13-16, 2025: sell below 1.1730 (200 EMA - 8/8 Murray)

The Eagle indicator has reached strong overbought levels, so we will look for opportunities to sell the euro in the coming days, with targets at 1.1596 and possibly even reaching

Dimitrios Zappas 18:09 2025-08-13 UTC+2

Trading Signals for BITCOIN for August 13-16, 2025: sell below $122,100 (7/8 Murray - 21 SMA)

Bitcoin made a strong bullish move during the American session, reaching the $122,200 level, a key level last seen on August 9. Since then, we have observed that

Dimitrios Zappas 18:02 2025-08-13 UTC+2

Trading Signals for GOLD (XAU/USD) for August 13-16, 2025: sell below $3,363 (200 EMA - 21 SMA)

Gold is trading around 3,363, bouncing off a low around 3,328. XAU/USD found good support around the bottom of the uptrend channel and has since reached 3,370, however

Dimitrios Zappas 18:00 2025-08-13 UTC+2
Can't speak right now?
Ask your question in the chat.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.

We are sorry for any inconvenience caused by this message.