Forex data GBP/USD
Date : 2025-04-02
Opening : 1.29000
Higher up: 1.30000
Below: 1.29000
Closing : 1.29757

Economic news :
Markets Brace For Trump's New Trade Tariffs
ForexLive European FX news wrap: Markets on edge awaiting Trump tariffs
Avenix Fzco Introduces Avexbot: Data-Driven Precision for Forex Traders

Detailed analysis:
A full analysis of the Forex market for the GBP/USD pair on 2 April 2025 gives us an interesting insight into the movements of this currency pair. Here is a detailed analysis:

### Current trend
GBP/USD opened at 1.29000 and closed at 1.29757, showing a bullish trend for the day. The range for the day was relatively narrow, with a high of 1.30000 and a low identical to the opening price at 1.29000. This configuration indicates some upward resistance around the 1.30000 level, but also solid support at 1.29000.

### Impact of Economic News
The major economic news of the day revolved around the Trump administration's new trade policies, with new threats of tariffs. Such news often creates uncertainty in the markets, which can lead to increased volatility. However, in this case, the reaction appears to have been muted, suggesting that the market may have already incorporated some of this uncertainty or that the details of the tariffs have not yet been fully revealed.

The introduction of Avexbot by Avenix Fzco could also have an impact on the forex market, notably by improving the accuracy of trading decisions through a data-driven approach. This could lead to greater market efficiency in the long term, but its immediate impact on GBP/USD remains limited.

### Short-Term Forecasts
In the short term, there are several possible scenarios for GBP/USD :

1. **Bullish scenario:** If the market digests the tariff news positively, or if the details turn out to be less severe than expected, the pair could retest the 1.30000 resistance level. A break above this level could pave the way for further gains.

2. **Bearish scenario:** On the other hand, if the news on tariffs is perceived as negative or if further details increase uncertainty, the pair could return to support at 1.29000. A break below this level could signal further bearish pressure.

3. **Neutral scenario:** The market could also remain in a narrow range if investors adopt a wait-and-see attitude while awaiting more clarity on trade policies and their implications.

### Conclusion
The GBP/USD pair is currently being influenced by external factors relating to US trade policies. Traders should keep a close eye on tariff-related announcements, as well as key technical levels at 1.29000 and 1.30000 for indications of future market direction. The use of new technologies such as Avexbot could also play a role in how traders approach the market in the future.