GBP/USD Weekly Special Report based on 1.00 Lot Calculation:
EVENTS (UNITED KINGDOM):
- WEDNESDAY, JUNE 18 AT 7:00 GMT+1: UK INFLATION DATA (CPI) (MAY): This key inflation release will be closely monitored as it could influence the Bank of England’s policy stance ahead of its rate decision. A higher-than-expected CPI reading would likely strengthen the British pound, as it could postpone further interest rate cuts. (PREVIOUS: 3.5%)
- THURSDAY, JUNE 19, AT 12:00 GMT+1: BANK OF ENGLAND INTEREST RATE DECISION: The Bank of England is set to announce its latest policy decision, with markets watching for any hawkish signals amid persistent inflationary pressures in the U.K. If the BoE hint at potential delays with their interest rate cut cycle, it could provide upward momentum for the British pound. (CURRENT: 4.25%)
EVENTS (UNITED STATES):
- WEDNESDAY, JUNE 18 AT 19:00 GMT+1 AND 19:30 GMT+1: FEDERAL RESERVE INTEREST RATE DECISION AND PRESS CONFERENCE: Investors will focus on whether the Federal Reserve signals a shift toward monetary easing in response to slowing U.S. economic data. A dovish tone or a potential rate cut would likely weaken the U.S. dollar, creating upward pressure on the GBP/USD currency pair. (CURRENT: 4.5%)
TECHNICAL ANALYSIS:
- CURRENT UPTREND (SINCE JANUARY 2025): The black trend line, describing the uptrend, is depicted on the chart below. GBP/USD currency pair has tested a level of 1.21 in January, and since then it has been moving above this uptrend line. However, there remains a risk of a potential breakout below this level if market conditions change.
- DAILY MOVING AVERAGES POINT TO UPTREND: GBP/USD currency pair has recently traded above the 20-, 50-, and 100-Daily Moving Averages, pointing to an ongoing uptrend. However, this trend can also change if prices fall below the 20-, 50-, and 100-Daily Moving Averages.
GRAPH (Daily): November 2024 – June 2025
Please note that past performance does not guarantee future results
GBPUSD, JUNE 17, 2025
Current Price: 1.3550
|
GBP/USD |
Weekly |
|
Trend direction |
|
|
1.3900 |
|
|
1.3800 |
|
|
1.3700 |
|
|
1.3410 |
|
|
1.3350 |
|
|
1.3300 |
Example of calculation based on weekly trend direction for 1.00 Lot1
|
GBP/USD |
||||||
|
Pivot Points |
||||||
|
Profit or loss in $ |
3,500 |
2,500 |
1,500 |
-1,400 |
-2,000 |
-2,500 |
|
Profit or loss in €² |
3,026 |
2,161 |
1,297 |
-1,210 |
-1,729 |
-2,161 |
|
Profit or loss in £² |
2,580 |
1,843 |
1,106 |
-1,032 |
-1,474 |
-1,843 |
|
Profit or loss in C$² |
4,746 |
3,390 |
2,034 |
-1,899 |
-2,712 |
-3,390 |
- 1.00 lot is equivalent of 100.000 units
- Calculations for exchange rate used as of 11:00 (GMT+1) 17/6/2025
There is a possibility to use Stop-Loss and Take-Profit.
- You may wish to consider closing your position in profit, even if it is lower than suggested one.
- Trailing stop technique could protect the profit.