Forex analysis - 2025-02-27 (07:50)

Forex data GBP/USD
Date : 2025-02-27
Opening : 1.26729
Higher up: 1.26840
Below: 1.26499
Closing : 1.26620

Economic news :
Bristow Group Reports Fourth Quarter 2024 Results
USD Index Fluctuates Amid Tariff Delay Speculations
GBP/USD Rebounds from Support - Bullish Setup Toward 1.2725

Detailed analysis:
**Full analysis of the GBP/USD Forex market**.

**Date:** 2025-02-27

### Summary of Market Data
- Opening:** 1.26729
- Highest:** 1.26840
- Lowest:** 1.26499
- Closing:** 1.26620

### Technical Analysis
The GBP/USD pair showed moderate volatility during the session, with a range of movement of around 34 pips between the day's high and low. The close slightly below the open indicates slight selling pressure, although the difference is marginal.

### Current trend
The short-term trend appears to be neutral to slightly bearish on the basis of the close below the open. However, the fact that the pair has rebounded from its support level suggests buyer resilience around 1.26500.

### Impact of Economic News

1. **Bristol Group Reports Fourth Quarter 2024 Results:** Although this news is specific to one company, it may indirectly influence markets if it affects the general perception of economic health in the UK or US.

2. **USD Index Fluctuates Amid Tariff Delay Speculations:** Tariff speculation could have a significant impact on the US dollar. If tariff delays are seen as positive for the US economy, this could strengthen the dollar, putting downward pressure on GBP/USD.

3. **GBP/USD Rebounds from Support - Bullish Setup Toward 1.2725:** The pair's rebound from key support is an important technical signal. If this support level continues to hold, it could encourage more buyers to enter the market, pushing the pair towards the 1.2725 resistance level.

### Short-Term Forecasts

- Bullish scenario:** If current support near 1.26500 holds, the pair could retest higher levels. A move above 1.26840 could open the way to 1.2725, especially if economic news favours a positive perception of the GBP or weakens the USD.

- Bearish scenario:** If support gives way, the pair could look to test lower levels, potentially around 1.26200 or lower, depending on the strength of economic news unfavourable to the GBP or favourable to the USD.

### Conclusion
The GBP/USD pair is currently at a pivot point with technical and fundamental influences that could determine its short-term direction. Traders will need to keep a close eye on economic and political developments, particularly those relating to US tariff policies and UK economic indicators.