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

Economic news :
US Crypto Exchange Kraken Expands to Stocks, ETFs and FX Perpetual Futures
Kraken Pro Rolls Out Forex Perpetual Futures
Man Group PLC : Form 8.3 - Serica Energy plc

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

#### Current Trend
The GBP/USD pair showed positive momentum during the session on 18 April 2025, closing at 1.32940, close to its high for the day at 1.32985. This uptrend, albeit modest, indicates a degree of investor confidence in sterling relative to the US dollar.

#### Impact of Economic News
1. **Expansion of Kraken into financial markets**: The announcement that Kraken, a cryptocurrency exchange platform, is expanding into equities, ETFs and forex perpetual futures could have several implications. Firstly, it shows a diversification and maturation of the cryptocurrency market, which could attract more institutional investors. Although this news is not directly related to GBP/USD, it could influence capital flows into riskier assets, including certain currencies such as sterling, if investors are looking to diversify their portfolios.

2. **Kraken Pro and Perpetual Forex Futures: Kraken Pro's introduction of forex perpetual futures could increase volatility in the FX market, providing traders with new tools to speculate on exchange rates. This could potentially increase activity and liquidity in pairs such as GBP/USD.

3. **Man Group PLC and Serica Energy plc**: Although this information relates mainly to the energy sector and is not directly linked to forex, capital movements between companies may indirectly influence exchange rates, particularly if significant transactions in pounds sterling or US dollars are involved.

#### Short-Term Forecasts
- Bullish scenario**: If confidence in the financial markets continues to grow, fuelled by the innovation and diversification of trading platforms such as Kraken, sterling could benefit from increased capital flows. A break above current resistance at 1.3300 could pave the way for new short-term highs.

- Bearish scenario**: Conversely, if enthusiasm for the financial markets dissipates or if stronger-than-expected US economic data emerge, the US dollar could regain strength. In this case, we could see a return to support at 1.3250.

- Neutral scenario**: In the absence of any major economic catalysts, GBP/USD could trade in a narrow range of between 1.3250 and 1.3300 as investors await more significant economic or geopolitical developments.

In conclusion, the GBP/USD pair currently appears to be benefiting from slight upward pressure, but future direction will depend heavily on economic developments and financial market news. Traders will need to keep a close eye on US and UK economic indicators and developments in the global financial markets to adjust their strategies.