Forex data GBP/USD
Date : 2025-04-21
Opening : 1.32841
Higher up: 1.33870
Below: 1.32765
Closing : 1.33790

Economic news :
Kraken Expands into Forex Market with FX Perpetual Futures
US Crypto Exchange Kraken Expands to Stocks, ETFs and FX Perpetual Futures
Kraken Pro Rolls Out Forex Perpetual Futures

Detailed analysis:
To carry out a complete analysis of the Forex market for the GBP/USD pair on 21 April 2025, we need to look at both observed price movements and recent economic news that could influence these movements.

### Technical Analysis

1. **Price movements:**
- Opening:** 1.32841
- Higher:** 1.33870
- Lowest:** 1.32765
- Closing:** 1.33790

The GBP/USD pair showed a bullish trend throughout the day, opening at 1.32841 and closing at 1.33790, close to the day's high of 1.33870. This indicates significant buying pressure throughout the day.

2. **Current trend:**
- The uptrend could be due to a combination of technical and fundamental factors. Support and resistance levels need to be watched, in particular support around 1.32765 and resistance at 1.33870.

### Fundamental Analysis

1. **Major economic news:**
- Recent news of Kraken's expansion into the currency market with perpetual Forex futures may have a significant impact on the market. Kraken, as a major crypto exchange, is expanding its offerings to include equities, ETFs and Forex products, which could attract new investors to the traditional Forex market.

2. **Impact of economic news:**
- Kraken's entry into the Forex market could increase liquidity and volatility in the market, which could have an impact on the daily volatility of currency pairs such as GBP/USD. Traders may anticipate greater adoption and activity in the Forex market, resulting in more volatile price dynamics.

### Short-Term Forecasts

1. **Possible scenarios for future sessions:**
- Bullish scenario:** If the uptrend continues, we could see the GBP/USD pair test and potentially break through resistance at 1.33870. A move above this level could pave the way for further rises towards 1.3400 and beyond.
- Bearish scenario:** In the event of a reversal, the 1.32765 support level could be tested. A break below this level could signal a deeper correction, with potential targets around 1.32500.

2. **Factors to watch:**
- Major economic announcements, such as monetary policy decisions by the Bank of England or the Federal Reserve, can influence GBP/USD.
- Geopolitical developments and economic news from the United States and the United Kingdom should also be closely monitored.

In conclusion, the GBP/USD pair is currently showing an uptrend supported by positive momentum in the Forex market, amplified by significant economic news. Traders must remain alert to potential news and key technical levels in order to anticipate future movements.