Forex data GBP/USD
Date : 2025-02-25
Opening : 1.26177
Higher up: 1.26329
Below: 1.26150
Closing : 1.26305
Economic news :
Dollar Weakens Despite Hawkish Fed And Fresh Tariff Warnings
World Markets Trade On A Mixed Note
Wipro Limited (WIT): Among the Best Low Priced Stocks to Invest In Now
Detailed analysis:
To carry out a complete analysis of the GBP/USD forex market on 25 February 2025, we need to look at a number of elements, including the market data provided, economic news and technical trends. Here's an overview:
### Technical Analysis
- The pair opened at 1.26177 and closed at 1.26305, indicating a slight rise on the day. This may suggest consolidation or a slight uptrend in the short term.
- High and Low:** The high of 1.26329 and the low of 1.26150 show low volatility during the day. The proximity of the closing price to the day's high may indicate buying pressure towards the end of the session.
### Fundamental Analysis
- Despite the Fed's firm stance, the dollar is weakening, which could be due to other economic or geopolitical factors. This has probably contributed to the slight rise in the GBP/USD pair, as sterling has appreciated against a weakening dollar.
- Fresh Tariff Warnings:** Warnings of new tariffs can create uncertainty in the markets, which often favours currencies seen as safe havens. However, this depends on the nature and target of the tariffs.
- World Markets Trade On A Mixed Note:** Mixed global market performance may reflect broader economic uncertainty, potentially affecting volatility and GBP/USD movements.
### Short-Term Forecasts
1. **Bullish scenario:** If the dollar continues to weaken and sterling remains stable or appreciates, we could see the pair test new highs above 1.26329. A break above this level could open the way to the next resistance levels around 1.2650.
2. **Bearish scenario:** If positive economic news for the dollar emerges, or if uncertainties about the UK emerge, the pair could retreat towards support near 1.26150. A break below this level could signal increased selling pressure. A break below this level could signal increased selling pressure.
3. **Consolidation Scenario:** Against a backdrop of low volatility and mixed economic news, the pair could continue to move sideways between 1.26150 and 1.26329 until a stronger catalyst emerges.
### Conclusion
The GBP/USD pair appears to be influenced by a weakening dollar despite hawkish signals from the Fed. The short-term outlook will largely depend on economic and political developments, particularly those related to tariffs and global market conditions. Traders should keep a close eye on Fed comments, UK economic news and any changes in international trade policies to adjust their positions.
