Forex data GBP/USD
Date : 2025-03-11
Opening : 1.28774
Higher up: 1.28858
Below: 1.28718
Closing : 1.28830
Economic news :
Dollar Tumbles As Trade War Ignites Growth Fears
Growth Concerns Hit Market Sentiment
Markets Brace For U.S. Jobs Data
Detailed analysis:
To analyse the forex market for the GBP/USD pair on 11 March 2025, let's take a look at the data provided:
### Technical Analysis :
1. **Figures of the day:**
- Open:** 1.28774
- Highest:** 1.28858
- Lower:** 1.28718
- Closing:** 1.28830
The day's movements show low volatility with a narrow trading range. The close above the opening level, albeit slight, indicates moderate buying pressure for the day.
2. **Current trend:**
- The trend appears to be slightly upwards on this particular day, but the amplitude of the movements is limited. This could indicate consolidation, or that investors are waiting for a significant event.
### Fundamental Analysis :
1. **Major economic news:**
- Dollar Tumbles As Trade War Ignites Growth Fears:** Trade tensions, probably between the US and other major economies, have led to a fall in the dollar. This may support sterling in the GBP/USD pair, increasing demand for the GBP.
- Growth Concerns Hit Market Sentiment:** Worries about global growth could prompt investors to turn to safe-haven assets, but in this case the fall in the dollar seems to dominate.
- Markets Brace For U.S. Jobs Data:** Waiting for U.S. jobs data creates uncertainty. If the data is weak, it could weaken the dollar further, supporting GBP/USD.
### Short Term Forecast :
1. **Possible scenarios:**
- Bullish scenario:** If trade war fears persist and US employment data is disappointing, GBP/USD could continue to rise, potentially surpassing the recent high of 1.28858.
- Bearish scenario:** If trade tensions ease or if employment data is better than expected, the dollar could strengthen, which could push GBP/USD towards support levels around 1.28718 or lower.
2. **Factors to watch:**
- Developments in trade talks and their impact on market sentiment.
- Results of US economic data, in particular the employment figures.
- Any statement or intervention by central banks, in particular the Bank of England and the Federal Reserve, which could influence exchange rates.
To sum up, the GBP/USD pair looks slightly bullish against a backdrop of low volatility, influenced by concerns over the trade war and global growth. Investors should keep a close eye on economic and political developments to anticipate future movements.
English (UK) 
Français