GBPUSD Wave Analysis - Action Forex

GBPUSD Wave Analysis - Action Forex

GBPUSD: ⬆️ Buy GBPUSD reversed from support zone Likely to rise to the resistance level at 1.3600 GBPUSD currency pair recently reversed up from the support zone located between the support level 1.3400 (former resistance from April), lower daily Bollinger Band and 50% Fibonacci correction of the upward impulse from May. The upward reversal from […] The post GBPUSD Wave Analysis appeared first on Action Forex.

Pound to Dollar Forecast: End to GBP Rebound on Break Below 1.3420

June 22, 2025 – Written by Tim Boyer STORY LINK Pound to Dollar Forecast: End to GBP Rebound on Break Below 1.3420 The Pound to Dollar (GBP/USD) exchange rate found support above 1.3400 and consolidated close to 1.3500 in New York trading. The Pound was unable to draw support from the UK data while a net easing of immediate geo-political concerns curbed dollar support as the US appears to have pulled back from an immediate attack on Iran’s under…