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

**Current trend:**
On 18 April 2025, the GBP/USD pair showed a moderate advance, opening at 1.32631 and closing at 1.32940. The pair reached a high of 1.32985 and a low of 1.32536. This progression indicates an uptrend for the day, although the movement is relatively limited. This could reflect a consolidation or a slight recovery after a period of volatility.

**Impact of economic news:**
1. **Kraken Pro Rolls Out Forex Perpetual Futures:** Kraken Pro's launch of Forex Perpetual Futures could influence the market by offering new trading opportunities, increasing liquidity and volatility. This may attract more traders to the Forex market, which could strengthen movements in the major currency pairs, including GBP/USD.

2. **Man Group PLC : Form 8.3 - Serica Energy plc :** Although this news mainly concerns the energy sector and equities, there could be indirect implications if it affects UK investors' perception of risk. However, the direct impact on GBP/USD is likely to be limited.

3. **Worried about Your UCITS ETFs Denominated in USD? Perhaps the Funds Should be Denominated in Yen!** This news item highlights concerns about USD-denominated UCITS ETFs. If investors start to shift away from USD-denominated assets towards other currencies such as the yen, this could put downward pressure on the US dollar, strengthening GBP/USD.

**Short-term forecasts:**
- Bullish scenario:** If the GBP/USD pair continues to benefit from technical support around current levels and the US dollar remains under pressure, we could see a continuation of the uptrend towards resistance at 1.33100 and potentially 1.33500.

- Bearish scenario:** Conversely, if economic or geopolitical factors favour the US dollar, the pair could test support at 1.32500. A break below this level could pave the way for a fall towards 1.32000.

- Factors to watch:** Traders should keep an eye on key economic data from the UK and US, as well as geopolitical developments that could influence investor confidence and demand for the respective currencies.

To sum up, although the GBP/USD pair is currently showing a slight uptrend, the market remains sensitive to economic and political influences that could quickly change the current direction. Traders must remain vigilant and ready to adjust their strategies in line with new market data.