Forex data GBP/USD
Date : 2025-05-13
Opening : 1.31692
Higher up: 1.32200
Below: 1.31665
Closing : 1.32110

Economic news :
Gold Prices Drop as Geopolitical Tensions Ease Amid US-China Trade Deal
Dollar holds slightly lower so far on the session
GBP/USD Faces Dual Risk From Expected Weak UK GDP and Sticky US Inflation

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

**Current trend:**

The GBP/USD pair is showing a slight rise in the current session, closing at 1.32110 after opening at 1.31692. The upward movement is modest, with a relatively narrow price fluctuation, with the high at 1.32200 and the low at 1.31665. This trend could be influenced by a number of economic and geopolitical factors.

**Impact of economic news:**

1. **Falling gold prices:** Falling gold prices suggest a reduction in risk aversion in the markets, often a sign of increased confidence in the global economy. This could indirectly support sterling if investors seek to diversify their portfolios away from the US dollar.

2. **The fact that the dollar is slightly lower in the current session could be a consequence of the trade agreement between the United States and China, which has eased certain geopolitical tensions. A weaker dollar may offer short-term support to GBP/USD.

3. **Economic risks for the GBP/USD:** Expectations of weak UK GDP and persistent US inflation create a dual risk environment for the pair. Weaker economic growth in the UK could weigh on the pound, while high inflation in the US could push the Fed to maintain a restrictive monetary policy, thereby supporting the dollar.

**Short-term forecasts:**

1. **Bullish scenario:** If UK economic data proves better than expected, or if US inflation shows signs of slowing, the pair could continue to rise. A close above 1.32200 could pave the way for a renewed attempt towards higher resistance levels, potentially around 1.32500.

2. **Bearish scenario:** If UK data disappoints and US inflation remains high, reinforcing expectations of tighter monetary policy from the Fed, the pair could pull back. A return below 1.31665 could indicate potential downside towards 1.31000 support.

3. **Neutral sentiment:** In the absence of significant catalysts, the pair could continue to oscillate in a narrow range as investors wait for clearer economic data to guide their decisions.

In conclusion, the GBP/USD pair is currently influenced by mixed economic factors, and traders should keep a close eye on forthcoming economic releases and geopolitical developments to anticipate future movements.