Forex data GBP/USD
Date : 2025-05-07
Opening : 1.33733
Higher up: 1.33772
Below: 1.33225
Closing : 1.33440

Economic news :
Eurostoxx futures +0.1% in early European trading
Bristow Group Reports First Quarter 2025 Results; Affirms 2025 And 2026 Outlook Ranges
S&P 500 Faces Resistance at 5,700 as Traders Eye Fed Commentary

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

**1. Current trend:**

The GBP/USD opened at 1.33733 and closed at 1.33440, showing a slight fall on the day. The day's high of 1.33772 and low of 1.33225 indicate moderate volatility. The current trend appears to be bearish in the short term, given that the closing price is lower than the opening price. This could indicate selling pressure on the pair.

**2. impact of economic news:**

- Eurostoxx Futures:** The slight rise in Eurostoxx futures (+0.1%) could indicate moderate optimism on European markets. This may have an indirect impact on sterling, as an improvement in the European economic outlook may strengthen demand for European assets, potentially to the detriment of the pound.

- Bristow Group:** Bristow Group's first quarter results and confirmation of its outlook for 2025 and 2026 may indicate stability in certain economic sectors. Although this news is more specific to one company, it may contribute to a positive perception of the market in general, but with a limited impact on the GBP/USD pair.

- S&P 500 and the Fed:** The resistance encountered by the S&P 500 at 5.700 and the focus on the Fed's comments suggest uncertainty in the US markets. The Fed's interest rate decisions and comments could have a significant impact on the US dollar, influencing GBP/USD. If the Fed adopts a more accommodative tone, this could weaken the dollar, offering potential support to the pound.

**3. Short-term forecasts:**

- Bullish scenario:** If the forthcoming UK economic data is positive or if the Fed signals a more accommodative monetary policy, GBP/USD could rebound and retest the resistance levels around 1.3377. A break above this level could open the way to 1.3400.

- Bearish scenario:** If uncertainty persists or if the Fed adopts a more aggressive stance on interest rates, this could strengthen the dollar and push GBP/USD towards support at 1.3322, or even lower, towards 1.3300.

In conclusion, short-term GBP/USD movements will depend heavily on economic developments and monetary policy signals, particularly from the Fed. Traders should keep a close eye on economic news and central bank statements to adjust their positions.