Forex data GBP/USD
Date : 2025-04-03
Opening : 1.30439
Higher up: 1.30676
Below: 1.30000
Closing : 1.30635

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:
### Complete Forex Market Analysis - GBP/USD

#### Current Trend
The GBP/USD pair opened at 1.30439 and closed at 1.30635, showing a slight appreciation over the course of the day. The high reached was 1.30676, while the low was 1.30000. This fluctuation indicates moderate volatility, with a short-term uptrend, reflected by the close near the day's high.

#### Impact of Economic News
The announcement of new trade tariffs by the Trump administration has created some uncertainty in the markets. The tariffs could potentially affect trade relations between the UK and the US, thus influencing the GBP/USD pair. Economic uncertainty tends to increase volatility on the currency market, which may explain the movements seen over the course of the day.

In addition, the introduction of Avexbot by Avenix Fzco, a data-driven trading tool, could influence traders' behaviour, potentially increasing trading volume and responsiveness to economic news.

#### Short-Term Forecasts
There are several possible scenarios for future sessions:

1. **Bullish scenario:** If the tariffs announced by Trump are seen as less severe than expected, or if they do not directly affect the UK, GBP/USD could continue its uptrend. A sustained break above the 1.30676 resistance level could open the way to 1.31000.

2. **Bearish scenario:** If tariffs create significant trade tensions, this could weigh on sterling, leading to a fall in the GBP/USD pair. A break below support at 1.30,000 could accelerate selling towards 1.29,500.

3. **Neutral scenario:** If the markets digest the news quickly and the economic impact proves limited, the pair could stabilise around current levels, consolidating between 1.30000 and 1.30676.

#### Conclusion
Traders need to keep a close eye on political and economic developments, particularly with regard to trade tariffs. The use of advanced analysis tools, such as Avexbot, could offer advantages in terms of accuracy and responsiveness to unpredictable market events. Prudent risk management is recommended, given the potential for volatility.