Forex data GBP/USD
Date : 2025-05-13
Opening : 1.31692
Higher up: 1.32065
Below: 1.31665
Closing : 1.32010

Economic news :
Global FX Market Summary: De-escalation of US-China Trade Tensions, US Dollar , Market Sentiment 12 May 2025
Dollar Extends Gains As Trade Tensions Ease
U.S.-China Trade Deal Buoys Markets

Detailed analysis:
To carry out a complete analysis of the Forex market for the GBP/USD pair on the given date, let's look at the various aspects mentioned.

### Current trend :

Looking at the day's data, GBP/USD opened at 1.31692 and closed at 1.32010, suggesting a slight uptrend for the day. The fact that the price hit a high of 1.32065 and a low of 1.31665 indicates moderate volatility, but a close near the day's high shows bullish pressure.

### Impact of economic news :

The major economic news points to an easing of trade tensions between the United States and China. This easing seems to have strengthened the US dollar, which would normally weigh on GBP/USD. However, the rise in the GBP/USD pair suggests that other factors, such as a possible revival of optimism in the UK market, may have offset the dollar's strength.

Improved global market sentiment as a result of the trade deal may also have supported sterling, particularly if investors anticipate improved global economic growth.

### Short-term forecasts :

1. **Bullish scenario:** If positive news regarding trade relations between the US and China continues to dominate the markets, and risk sentiment remains positive, the pair could continue its upward trend. Investors could seek riskier assets, strengthening sterling.

2. **Bearish scenario:** However, if US economic data continues to surprise on the upside, this could further strengthen the dollar, which could reverse the current GBP/USD trend. Negative political or economic developments in the UK could also weaken sterling.

3. **Neutral scenario:** Markets could also remain in a wait-and-see phase, with limited price movements, as investors seek to assess more economic data or geopolitical developments before taking significant positions.

### Conclusion :

The GBP/USD pair rose slightly as global trade tensions eased. Short-term forecasts will depend largely on developments in international trade relations and economic data from the two countries. Traders should keep a close eye on forthcoming economic publications and geopolitical news to adjust their strategies.