Forex analysis - 2025-02-25 (14:03)

Forex data GBP/USD
Date : 2025-02-25
Opening : 1.26177
Higher up: 1.26620
Below: 1.26054
Closing : 1.26610

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 analyse the GBP/USD pair on 25 February 2025, we will look at the various aspects of the trading day and the impact of economic news.

### Current Trend :
The GBP/USD pair showed a slight uptrend on the day, opening at 1.26177 and closing at 1.26610. The fact that the closing price was close to the day's high (1.26620) indicates that buying pressure is prevailing in the market.

### Impact of Economic News :
1. **Dollar Weakens Despite Hawkish Fed And Fresh Tariff Warnings** :
- The US dollar showed signs of weakness despite the Fed's aggressive monetary policy, which could be due to renewed concerns about tariffs. The dollar's weakness has probably contributed to the rise in GBP/USD, as a fall in the dollar increases the relative value of sterling.

2. **World Markets Trade On A Mixed Note** :
- With global markets mixed, this may indicate general uncertainty among investors. However, dollar weakness seems to have had a more direct impact on GBP/USD.

3. **Wipro Limited (WIT): Among the Best Low Priced Stocks to Invest In Now** :
- Although this news is more focused on the stock market, it may reflect positive sentiment or a search for value by investors, which could indirectly affect investor confidence in riskier assets, including certain currencies.

### Short Term Forecast :
- Bullish scenario**: If dollar weakness persists, especially with uncertainty surrounding tariffs, GBP/USD could continue to strengthen. A move above the previous high of 1.26620 could pave the way for higher resistance levels, potentially around 1.2700.

- Bearish scenario**: If the dollar rebounds, perhaps due to a clarification or easing of tariff concerns, the pair could correct lower. Immediate support could be found around the opening level of 1.26177, followed by the day's low of 1.26054.

- Factors to Watch**: Future Fed statements, tariff developments, and any significant changes in UK or US economic data in the near term.

In conclusion, GBP/USD currently appears to be benefiting from dollar weakness, but investors will need to keep a close eye on economic news and monetary policy to anticipate future movements.