Top Forex Brokers – Forex Weekly news and analysis For June 16 – 22, 2025
Economic calendar highlights
Wednesday, June 18
The Fed is likely to keep rates at 4.50%, but the real story lies in the updated forecasts and what Powell has to say. Stubborn inflation and solid jobs data can push the dot plot higher. If the Fed hints at sticking with tighter policy longer, a strong market reaction will follow.
Thursday, June 19
The Bank of England isn’t expected to move rates from 4.25%, but the real action will be in the vote split and what the MPC actually says. Inflation’s cooled a bit, which has markets whispering about cuts. If the tone shifts dovish, the pound could take a hit. If policymakers sound even slightly more hawkish than expected, it’ll likely keep “higher for longer” on the table.
EURUSD (daily)
EURUSD has formed a cup and handle pattern and reached a critical resistance area. The AO confirms the increasing bullish sentiment. However, the price crossed the upper Bollinger line.
•A breach of the 1.1590 resistance may open the way to 1.1770.
•A rebound from the resistance may start a correction to 1.1400 or even 1.1270.
GBPUSD (daily)
On the daily chart, GBPUSD has formed a rising wedge pattern, and the price is testing the 161.8 Fibonacci resistance again. However, a divergence has formed on the RSI.
•Consolidation above 1.3630 and the nearest fractal will open the way to 1.3930.
•A break of the lower trendline below 1.3500 will drop GBPUSD to 1.3250.
•Most Trusted Broker — 2025
These awards confirm our commitment to building a rewarding trading environment and helping you uncover your potential. Thank you for choosing to trade with an award-winning broker!
Choose MetaTrader 5 with Top Forex Brokers?
•Blazing-fast execution & enhanced stability
•38 built-in technical indicators & 21 timeframes for precision trading
•Optimized for all devices—desktop, mobile & web
•Trade a wide range of assets: Stocks, Commodities, Forex & more!
https://www.topforexbrokerscomparison.com
*Tips and analytics do not constitute a call to trade, trading advice or recommendation and are for information only.
