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June 23, 2025

GBP/USD Analysis for June 23 2025: Market Trends to Monitor

The GBP/USD currency pair has faced challenges as it dipped below the 1.3390 support level. This downward trend suggests the potential for further declines, echoing previous analyses. Resistance levels appear at 1.3450 and 1.3525, which are crucial for maintaining downward pressure. As long as the market trades below these levels, the outlook points to a continued downtrend targeting the 1.3250-1.3270 support range. Traders should carefully monitor these price points, as market sentiment continues to shift. Awareness of these movements can guide strategic trading decisions in a fluctuating environment.

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