Top Forex Brokers – Forex Weekly news and analysis For June 9 – 15, 2025
Economic calendar highlights
Wednesday, June 11
The US CPI reports are key to gauging inflation, especially after strong NFP data. If CPI comes in lower than expected, it could boost rate cut hopes and weigh on the US Dollar and market sentiment.
Thursday, June 12
The UK’s monthly GDP report will give a fresh read on how the economy’s doing. A stronger number could lift confidence and push GBPUSD higher, while signs of weakness might weigh on the pound.
XAUUSD (daily)
XAUUSD is following a trendline and has recently bounced off the 200-MA support. The price is now testing resistance at 3325 — a breakout above this level could signal further upside.
• Consider a long position if the price breaks above 3325, with a target of 3375.
GBPUSD (H4)
GBPUSD is trading within an ascending channel and is now testing key resistance at 1.3590. Momentum has broken above the 100 line, but the resistance remains strong.
•A breakout above 1.3590 could open the way to 1.3620.
•A rebound may send the pair down toward support at 1.3540.
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*Tips and analytics do not constitute a call to trade, trading advice or recommendation and are for information only.
