Forex data GBP/USD
Date : 2025-04-15
Opening : 1.31823
Higher up: 1.31992
Below: 1.31637
Closing : 1.31990

Economic news :
Dollar Tumbles Amidst Uncertain U.S. Trade Policy, Easing Inflation
Trade Reliefs Buoy Market Sentiment
Man Group PLC : Form 8.3 - Serica Energy PLC

Detailed analysis:
Analysis of the forex market for the GBP/USD pair on 15 April 2025 reveals several important dynamics influenced by recent economic events and the pair's technical behaviour.

### Technical Analysis

1. **Price movement** :
- Opening**: 1.31823
- Highest**: 1.31992
- Lowest**: 1.31637
- Close**: 1.31990

The GBP/USD pair showed a slight rise over the course of the day, closing almost at its high. The difference between the open and close indicates bullish pressure, albeit moderate. The intraday movement shows some volatility, but the close near the high suggests positive short-term sentiment.

2. **Current Trend** :
- The current trend appears to be slightly upwards, supported by the close near the day's high. This could indicate a continuation of the uptrend in the short term, provided fundamental conditions remain favourable.

### Fundamental Analysis

1. **Impact of Economic News** :
- News that the dollar is falling on the back of uncertain US trade policy and falling inflation is having a direct impact on the GBP/USD pair. Weakness in the dollar tends to strengthen sterling, which could explain the rise seen.
- Trade reliefs are improving market sentiment, which could boost investor confidence in the GBP, especially if these measures are seen as beneficial for the UK economy.

2. **Other Developments** :
- Corporate movements, such as Man Group PLC's Form 8.3 concerning Serica Energy PLC, may have a limited effect on Forex, but they reflect economic activity that could indirectly influence investor confidence.

### Short-Term Forecasts

1. **Possible Scenarios** :
- Bullish**: If the dollar continues to weaken due to US trade policy uncertainty and inflation remains under control, GBP/USD could continue to rise. The immediate resistance level to watch would be around 1.3220, with potential to test higher levels if the trend continues.
- Bearish**: Any unexpected change in US policy or an improvement in US economic data could strengthen the dollar, putting pressure on GBP/USD. In this case, a return to support around 1.3160 could be envisaged.

2. **Factors to Monitor** :
- Upcoming economic announcements from the United States and the United Kingdom, including monetary policy decisions, employment figures and inflation indices.
- Political developments that may influence risk perception and economic confidence.

In conclusion, the GBP/USD pair is currently showing a slight uptrend supported by favourable fundamental factors. However, investors must remain vigilant for any change in the economic or political climate that could reverse this trend.