Forex data GBP/USD
Date : 2025-04-11
Opening : 1.29665
Higher up: 1.30476
Below: 1.29641
Closing : 1.30150

Economic news :
Markets Cautious Despite Cooling Inflation
US President Donald Trump Makes A Tariff U-Turn
GBP/USD, DAX React to Trump's Tariff U-Turn: Two Trades to Watch

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

**1. Current context:**
The GBP/USD pair showed some volatility during the session of 11 April 2025, opening at 1.29665 and closing at 1.30150. The market recorded a high of 1.30476 and a low of 1.29641. This range reflects a degree of uncertainty in the market, probably influenced by recent economic news.

**2. Major economic news:**
- Cooling Inflation:** Markets remain cautious despite a slowdown in inflation. This could indicate that investors are waiting for clearer signals on future monetary policy, particularly from the Bank of England and the US Federal Reserve.
- Donald Trump's U-Turn tariff:** US President Donald Trump's announcement of a U-turn on tariffs is likely to have had a significant impact on markets. An easing of tariff policies could boost international trade, which is generally positive for trade-linked currencies such as sterling.
- Market reaction:** GBP/USD and DAX reacted to the news. Investors are closely monitoring developments to adjust their positions.

**3. Technical analysis:**
- Current trend:** The GBP/USD pair appears to be in a consolidation phase following the movement linked to the economic news. The immediate resistance level is around 1.30476, while support is close to 1.29641.
- Technical indicators:** Indicators such as the RSI (Relative Strength Index) and moving averages could be used to assess the strength of the current trend. If the RSI shows bullish divergence, this could signal a potential recovery above current resistance.

**4. Impact of economic news:**
Recent economic news, particularly the change in stance on tariffs, has created a dynamic where investors are waiting to see how these policies will influence economic growth and trade relations. An easing of tariffs could strengthen sterling if it improves the UK's economic outlook.

**5. Short-term forecasts:**
- Bullish scenario:** If economic news continues to support an improving business climate, GBP/USD could test and potentially break above resistance at 1.30476, paving the way for higher levels.
- Bearish scenario:** If uncertainty persists or if new trade tensions emerge, the pair could move back towards support at 1.29641, or even break it if selling pressure increases.

**Conclusion:**
The GBP/USD pair is currently being influenced by major economic and political factors. Traders will need to keep a close eye on future developments regarding US tariff policy and key economic indicators to adjust their strategies accordingly. A cautious approach with a focus on key technical levels and economic news is advised.