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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.

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