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The British pound lost about 150 pips against the US dollar, as GBP/USD closed at 1.5571. The upcoming week is very busy, with 13 releases. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD.

The pound was hurt by last week’s Claimant Count Change, which hit an eight-month high. This indicates that the UK economy is having difficulty creating jobs, which severely hampers economic growth.

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/gbpusd-outlook-june-25-29/"]GBP/USD Outlook June 25-29[/URL][/I][/B]

USD/JPY climbed nicely and managed to close the week higher reaching the highest levels in a month. Will this trend continue? Retail sales and Tokyo Core CPI are the major events on out menu this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY.

The absence of QE3 from the FOMC decision certainly pushed the pair higher. Last week Bank of Japan Governor Masaaki Shirakawa spoke in Tokyo about the global market turmoil following the pro-bailout Greek election outcome saying Japan has to monitor developments in the EU and watch from a worsening of EU stability in the near future. He also referred to the moderate growth rate of Japan’s domestic market claiming it is on the right ...

The Australian dollar pushed higher during the week, but gave up most of those gains, to close the week at 1.0058. The upcoming week has only three releases . Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD.

Housing Starts were very weak, and Chinese data indicated further contraction in the manufacturing sector, which is weighing on the Australian dollar.

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/audusd-outlook-june-25-29/"]AUD/USD Outlook June 25-29[/URL][/I][/B]