Forex data GBP/USD
Date : 2025-04-18
Opening : 1.32631
Higher up: 1.32985
Below: 1.32536
Closing : 1.32940

Economic news :
Kraken Pro Rolls Out Forex Perpetual Futures
Man Group PLC : Form 8.3 - Serica Energy plc
Worried about Your UCITS ETFs Denominated in USD? Perhaps the Funds Should be Denominated in Yen!

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

#### 1. **Summary of the Day's Data
- Opening:** 1.32631
- Highest:** 1.32985
- Lowest:** 1.32536
- Closing:** 1.32940

The GBP/USD pair showed a slight advance over the course of the day, opening at 1.32631 and closing at 1.32940. The intraday movement was relatively moderate, with a high of 1.32985 and a low of 1.32536, indicating a degree of stability with a moderate uptrend.

#### 2. **Current Trend
The uptrend seen throughout the day could be attributed to both technical and fundamental factors. The market showed an ability to hold above the opening level, which could signal positive sentiment among traders.

#### 3. **Impact of Economic News
- Kraken Pro Rolls Out Forex Perpetual Futures:** The introduction of new financial instruments by Kraken Pro, notably Forex Perpetual Futures, could increase liquidity and trading options in the Forex market. This may have an indirect impact by increasing interest in currency trading, including GBP/USD.

- Man Group PLC : Form 8.3 - Serica Energy plc :** Although this news is more focused on the energy sector, it reflects the financial activity and dynamism of major UK companies. This could have a positive impact on investor perception of the UK economy, thereby supporting sterling.

- Worried about Your UCITS ETFs Denominated in USD? Perhaps the Funds Should be Denominated in Yen:** This discussion about UCITS funds and their denomination could influence capital flows. If investors start to reassess their positions in USD assets, this could affect demand for the dollar, impacting the GBP/USD pair.

#### 4. **Short term forecast**.
- Bullish scenario:** If positive sentiment continues and sterling continues to benefit from favourable economic sentiment, GBP/USD could continue to move towards higher resistance levels, such as 1.33200.

- Bearish scenario:** In the event of unexpected negative news about the UK economy or a strengthening US dollar, the pair could retest the support levels around 1.32500.

- Neutral scenario:** A continuation of the current range with low volatility could be seen if the positive and negative influences balance out.

#### 5. **Conclusion
The GBP/USD pair is currently in a slight uptrend, supported by economic news and generally positive sentiment. However, investors should remain alert to global economic developments and political decisions that could influence future movements. Risk management and ongoing analysis of technical and fundamental trends will be key to navigating this market effectively.