Forex data GBP/USD
Date : 2025-04-11
Opening : 1.29665
Higher up: 1.31335
Below: 1.29641
Closing : 1.31190

Economic news :
Dollar continues to fall out of favour amid the whole tariffs saga
Markets Cautious Despite Cooling Inflation
US President Donald Trump Makes A Tariff U-Turn

Detailed analysis:
To offer a complete analysis of the GBP/USD forex market on 11 April 2025, we need to look at the various elements provided, such as price movements, economic news and current trends, in order to understand the dynamics at work and predict future developments. Here is a detailed analysis:

### 1. **Current trend:**
The GBP/USD pair showed notable strength during the session, opening at 1.29665 and closing at 1.31190, indicating an appreciation in sterling against the US dollar. The day's lows of 1.29641 and highs of 1.31335 show the pair testing new highs before closing near these levels, suggesting continued upward pressure.

### 2. **Impact of economic news:**
The news mentioned above has a significant impact on the GBP/USD pair:

- Dollar continues to fall out of favour amid the whole tariffs saga:** Trade tensions and political reversals in the United States, particularly the changes in position on tariffs, are weakening the dollar. This is benefiting sterling, reinforcing the uptrend we have seen.

- Marksets Cautious Despite Cooling Inflation:** Although inflation appears to be moderating, continued uncertainty over US economic policies is prompting caution. This could limit the dollar's gains, allowing the pound to strengthen.

- US President Donald Trump Makes A Tariff U-Turn :** A reversal of tariff policy by the US President could be seen as a sign of political volatility, which tends to weaken the dollar against other currencies such as sterling.

### 3. **Short-term forecasts:**
Based on the current analysis, here are a few possible scenarios for future sessions:

- Bullish scenario:** If the uncertainties surrounding US tariff policies persist and the dollar continues to lose value, the pair could test new highs above 1.31335. Technical support around 1.31190, if maintained, could encourage a continuation of the uptrend.

- Neutral scenario:** If the market digests the news and investors wait for more clarity on economic policies, the pair could consolidate around current levels, oscillating between 1.30000 and 1.31335.

- Bearish scenario:** A return of confidence in the dollar, perhaps due to political stabilisation or favourable US economic data, could reverse the trend and push the pair back down towards support at 1.29665.

### Conclusion
The GBP/USD pair is currently being influenced by geopolitical and economic factors that are tending to weaken the dollar, favouring an appreciation in sterling. However, political and economic volatility could lead to unpredictable fluctuations. Traders should remain alert to political developments in the United States and monitor key technical levels to anticipate future movements.