Forex data GBP/USD
Date : 2025-05-12
Opening : 1.32695
Higher up: 1.32949
Below: 1.32646
Closing : 1.32760

Economic news :
GBP/USD Weekly Forecast: Trade Deal Calms UK Growth Fears
Trade Deal Optimism Boosts Market Sentiment
GBP/USD Forecast: Recovers Amid Dollar Pullback, Trade Talks

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

**1. Current Trend:**

The GBP/USD pair showed a slight rise in the session of 12 May 2025, opening at 1.32695 and closing at 1.32760. The movement between the low of 1.32646 and the high of 1.32949 indicates moderate volatility, but a slightly bullish trend on the day. This slight gain could be attributed to economic factors and favourable market sentiment towards sterling.

**2. impact of economic news:**

Recent economic news suggests increased optimism about a trade deal, allaying fears of a slowdown in UK growth. This is likely to have supported sterling, contributing to the rise seen. The optimism surrounding the trade talks, which appear to be progressing positively, has boosted investor confidence and led to a fall in the dollar, providing further support for the GBP/USD pair.

**3. Short-term forecasts:**

- Bullish scenario:** If trade talks continue to progress favourably and market sentiment remains positive, GBP/USD is likely to continue its uptrend. A breakout above recent resistance levels, such as the high of 1.32949, could pave the way for further rises towards levels such as 1.3350.

- Bearish scenario:** On the other hand, if obstacles arise in the trade negotiations or if unfavourable economic data emerge, GBP/USD could return to the downside. A return below the 1.32646 support level could signal increased bearish pressure, potentially testing lower levels such as 1.3200.

- Factors to Watch:** Investors should keep a close eye on upcoming economic announcements, including UK GDP growth and inflation data, as well as developments in trade negotiations. Monetary policy decisions by the Bank of England and the Federal Reserve could also significantly influence the direction of GBP/USD.

In conclusion, although the GBP/USD has shown a slight upward trend recently, future movements will depend very much on the progress of trade negotiations and key economic indicators to come.