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09.06.202505:07 Forex Analysis & Reviews: GBP/USD Forecast for June 9, 2025

On Friday, as the US dollar index strengthened by 0.44%, the British pound dropped by 42 pips. However, the Marlin oscillator remains stable, supported from below by the zero line reinforced by the lower boundary of the ascending channel. Feeling this support, Marlin could develop further growth without testing the support level.

Exchange Rates 09.06.2025 analysis

The first sign of the pound's determination will be a breakout above Friday's high at 1.3584. The growth target is a magnetic point formed by the intersection of the target level at 1.3834 and the upper boundary of the price channel.

Exchange Rates 09.06.2025 analysis

The Marlin oscillator's signal line has moved into positive territory on the four-hour chart. Now, its dip below the zero line yesterday was a false move, indicating an upcoming growth. The MACD line resistance at 1.3584 coincides with Friday's high, so breaking through this reinforced level could give the price an impulsive boost today and tomorrow.

*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.

Laurie Bailey,
Analytical expert of InstaSpot
© 2007-2025
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