GBP/USD Technical Analysis | GBP/USD Trading: 2025-06-23 | IFCM Iran
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GBP/USD Technical Analysis - GBP/USD Trading: 2025-06-23

GBP/USD Technical Analysis Summary

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Strong SellSellNeutralBuyStrong Buy

Above 2255.75

Buy Stop

Below 2170.46

Stop Loss

Ara Zohrabian
Ara Zohrabian
Senior Analytical Expert
Articles2745
IndicatorSignal
RSI Neutral
MACD Buy
Donchian Channel Neutral
MA(200) Sell
Fractals Neutral
Parabolic SAR Buy

GBP/USD Chart Analysis

GBP/USD Chart Analysis

GBP/USD Technical Analysis

The ETHUSD technical analysis of the price chart on 4-hour timeframe shows ETHUSD, H4 is rebounding toward the 200-period moving average MA(200) after retracing down to six-week low yesterday. We believe the bullish momentum will continue after the price breaches above upper Donchian channel boundary at 2255.75. A level above this can be used as an entry point for placing a pending order to buy. The stop loss can be placed below 2170.46. After placing the order, the stop loss is to be moved to the next fractal low, following Parabolic indicator signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Forex - GBP/USD

Ethereum is rebounding despite news of latest whale distribution wave. Will the ETHUSD price reverse rebounding?

CrytpoQuant reports that major Ethereum holders, often referred to as “whales,” are actively engaging in a second significant round of profit-taking. Data reveal that wallets holding 100,000+ ETH, often referred to as “whales,” are actively reducing exposure through large-scale distribution. Historically, when whales start selling significant portions of their holdings, it sends a cautionary signal to the broader market as traders reason that actions of sophisticated investors reflect their expectations for near-term price movements. It is interpreted as a cautious outlook on Ethereum’s ability on part of sophisticated investors to deliver significant short-term upside from its present valuation. On the fundamental level, this distributing of part of whales’ holdings into the market amounts to increased selling activity by whales, which injects additional supply into the market. If this surge in supply isn’t matched by higher demand, it can create downward pressure on Ethereum’s price, potentially limiting its near-term growth. Increased selling of Ethereum by whales is bearish for ETHUSD price. However, the current setup is bullish for the ETHUSD.

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Note:
This overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or а recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.

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