Forex analysis - 2025-02-26 (11:49)

Forex data GBP/USD
Date : 2025-02-26
Opening : 1.26717
Higher up: 1.26776
Below: 1.26350
Closing : 1.26479

Economic news :
GBP/USD Forecast Turns Negative Amid US Inflation, Tariffs
Dollar Weakens Despite Hawkish Fed And Fresh Tariff Warnings
World Markets Trade On A Mixed Note

Detailed analysis:
For a full analysis of the GBP/USD forex market on 26 February 2025, let's look at the various aspects of market development and the economic implications.

### Technical Analysis

1. **Price movement:**
- Open:** 1.26717
- Higher:** 1.26776
- Lowest:** 1.26350
- Closing:** 1.26479

The GBP/USD pair opened at 1.26717 and closed at 1.26479, posting a slight fall for the day. The high for the day was 1.26776 and the low was 1.26350, indicating moderate volatility over the session.

2. **Current trend:**
The general trend appears to be slightly downwards, marked by a close below the opening level. Intraday volatility, though moderate, suggests uncertainty in the market.

### Fundamental Analysis

1. **Inflation and Tariffs in the United States:**
Concerns about US inflation and warnings of new tariffs have contributed to negative sentiment towards the US dollar. In general, high inflation could lead to tighter monetary policy from the Fed, but tariffs can weigh on the economy, creating a complex dynamic for the dollar.

2. **Weak Dollar:**
Despite the Fed's hawkish stance, the US dollar has shown signs of weakness. This could be due to a combination of factors, including the perception that monetary policy could slow the economy or that the markets have already priced in rate rises.

3. **Mixed World Markets:**
Mixed global markets reflect global economic uncertainty. This may influence GBP/USD because of its sensitivity to international capital flows and perceptions of risk.

### Short-Term Forecasts

- Bullish scenario:**
If dollar weakness persists and global risk sentiment improves, GBP/USD could find support and rebound towards the resistance level around 1.26776.

- Cashier script:**
If trade tensions rise or if US inflation leads to expectations of more aggressive monetary tightening, the pressure on the GBP/USD could intensify, testing new lows around 1.26350 or even below.

- Factors to watch:**
Investors should keep a close eye on US economic data, particularly inflation, as well as any news on tariff policies. In addition, political and economic developments in the UK may also influence the pair.

In conclusion, the GBP/USD pair is currently being influenced by contradictory forces, and traders should remain vigilant for economic news and political developments that could alter the current dynamic.