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June 1, 2026
NEWS: GBPUSD price is falling -0.3% due to the stronger US dollar.
Possible Scenarios:
If GBPUSD fails to breach through S2 of 1.34161, our Analysis Department expects GBPUSD to undergo a short- term upward correction.
If GBPUSD manages to break below its S2 of 1.34161, our Analysis Department expects GBPUSD to extend its losses to its S3 of 1.33978
Support and Resistance Levels:
|
GBPUSD |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1.33978 |
1.34161 |
1.34344 |
1.34588 |
1.34832 |
1.35015 |
1.35198 |
Potential Profit or Potential Loss Calculations:
|
10 pips per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €86.02 |
(+/-) £74.45 |
|||
*1 trading lot is equivalent of 100.000 units
**EUR/USD = 1.16248
***GBP/USD = 1.34316
Calculations for exchange rate used as of Monday, June 1, 2026, 2:33: PM