Forex data GBP/USD
Date : 2025-03-27
Opening : 1.28744
Higher up: 1.28858
Below: 1.28704
Closing : 1.28800
Economic news :
Fresh Tariffs Hit Market Sentiment
ForexLive European FX news wrap: Dollar mixed, gold edges higher as risk stays cautious
GBP/USD Forecast: Tariff Jitters Weigh on Greenback
Detailed analysis:
### Complete Forex Market Analysis - GBP/USD
#### 1. **Price summary**
- Open:** 1.28744
- Highest:** 1.28858
- Lowest:** 1.28704
- Closing:** 1.28800
#### 2. **Current Trend
The GBP/USD pair showed a slight intraday rise, with a relatively small amplitude of movement, indicating a degree of stability but also hesitation in the market. The close near the day's high suggests moderate buying pressure.
#### 3. **Impact of Economic News
Recent economic news has played an important role in market behaviour:
- Tariffs:** News of the imposition of new tariffs generally has a negative effect on market sentiment, creating uncertainty which can weigh on currencies considered riskier. In this context, sterling may have been supported by relative dollar weakness, rather than intrinsic strength.
- Market sentiment:** Reports that the dollar is mixed and that gold, a safe haven asset, is rising, confirm a cautious sentiment in the markets. This could limit GBP/USD gains in the short term.
- Forecast for GBP/USD:** The forecast suggests that the current trade tensions are putting pressure on the US dollar, which could allow sterling to maintain its current levels or even appreciate slightly if conditions remain unchanged.
#### 4. **Short term forecast**.
- Bullish scenario:** If trade tensions intensify and the dollar continues to weaken, GBP/USD could test higher resistance levels, potentially above 1.2900, provided other economic factors remain favourable to the pound.
- Bearish scenario:** A reduction in trade tensions or stronger than expected US economic data could strengthen the dollar, putting downward pressure on GBP/USD, with potential support around 1.2850.
- Technical Considerations:** Traders should monitor key support and resistance levels, as well as technical indicators such as moving averages and Bollinger bands, to identify potential entry and exit points.
#### 5. **Conclusion
The GBP/USD is currently being influenced by external factors linked to global trade tensions. Investors should remain attentive to international economic developments and announcements likely to affect market sentiment. A cautious approach with a focus on economic news is recommended to navigate the sessions ahead.
English (UK) 
Français