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

#### Market context
The GBP/USD exchange rate rose slightly during the session, opening at 1.32631 and closing at 1.32940. This rise can be attributed to both technical and fundamental factors.

#### Current Trend
The GBP/USD pair showed a moderate uptrend during the session, with a high of 1.32985 and a low of 1.32536. The close near the session high indicates persistent buying pressure.

#### Impact of Economic News
1. **Kraken's expansion into equities, ETFs and FX futures:** Kraken's expansion into new financial products, such as equities, ETFs and FX futures, could have an indirect impact on the currency market. The entry of crypto-currency platforms into traditional markets could increase liquidity and volatility, which may influence GBP/USD movements.

2. **Launch of Forex Perpetual Futures by Kraken Pro:** This may attract new investors to the FX market, increasing liquidity. Greater participation could lead to more pronounced price movements, although the immediate impact on the GBP/USD remains to be seen.

3. **Although Man Group's Form 8.3 on Serica Energy plc is more focused on the energy sector, strategic moves by large financial companies can influence investor confidence and therefore the currency market.

#### Short-Term Forecasts
- Bullish scenario:** If the buying pressure continues, the pair could test new highs above 1.3300. Continued investor interest in UK assets and low US dollar volatility could support this trend.

- Bearish scenario:** If the trend reverses, particularly if the US dollar strengthens or if disappointing UK economic data is published, the pair could come back to test support around 1.3250.

- Neutral scenario:** The pair could move in a narrow range between 1.3260 and 1.3300, in the absence of any major economic catalysts.

#### Conclusion
The GBP/USD pair is currently in a slight uptrend. Developments in the financial markets, such as the expansion of Kraken, could influence future volatility. Traders should monitor upcoming US and UK economic data for further clues on market direction. A cautious approach with well-defined stops is recommended for open positions.