Forex Trading Library

GBP/USD –04.06.2025

Technical Analysis
By Rami Abu-Draa
GBP/USD –04.06.2025
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As we see over the Intraday chart, GBPUSD still hold above the support trend of 1.3490 which is pushing prices higher with resistance at 1.3595.

Above 1.3595 more advance toward 1.3735 will be expected.

Below 1.3490 more of a drop could hit the market with support around 1.3415.

SUPPORT RESISTANCE
LEVEL1 1.3490 1.3595
LEVEL2 1.3415 1.3735
LEVEL3 1.3330-60 1.3835

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Rami Abu-Draa

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

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