Forex data GBP/USD
Date : 2025-05-13
Opening : 1.31692
Higher up: 1.32865
Below: 1.31665
Closing : 1.32860

Economic news :
Futures Dip As Torrid Squeeze Pauses Ahead Of CPI Report
GBP/USD Price Analysis: Upbeat UK Jobs Boost Pound
Gold Prices Drop as Geopolitical Tensions Ease Amid US-China Trade Deal

Detailed analysis:
To carry out a complete analysis of the Forex market for the GBP/USD pair on 13 May 2025, it is important to take into account price data, current trends and the impact of recent economic news.

### Price Analysis

- Opening:** 1.31692
- Higher:** 1.32865
- Lowest:** 1.31665
- Closing:** 1.32860

The GBP/USD pair showed a bullish trend over the course of the day, with a significant move upwards from an opening of 1.31692 to a close of 1.32860. The fact that the closing price was very close to the day's high suggests strong buying pressure.

### Current trend

The current trend appears to be bullish for the GBP/USD pair. The increase in the closing price relative to the opening price indicates that buyers are dominating the market this session.

### Impact of Economic News

1. **Futures Dip As Torrid Squeeze Pauses Ahead Of CPI Report:** This news could indicate a cautious wait by investors ahead of the release of the US Consumer Price Index (CPI) data. This could have a moderate impact on GBP/USD, as any surprises in the CPI data could influence the Fed's monetary policy and therefore the US dollar.

2. **GBP/USD Price Analysis: Upbeat UK Jobs Boost Pound:** Positive UK jobs data is likely to have strengthened sterling, supporting the uptrend in the GBP/USD pair.

3. **Gold Prices Drop as Geopolitical Tensions Ease Amid US-China Trade Deal:** A reduction in geopolitical tensions, particularly between the US and China, could have an indirect impact by increasing risk appetite among investors, which could support the pound against the dollar.

### Short-Term Forecasts

- Bullish scenario:** If UK economic data continues to be positive and global risk sentiment remains favourable, GBP/USD could continue to strengthen. A break above immediate resistance (above the day's high) could pave the way for higher levels.

- Bearish scenario:** If the US CPI data surprise on the upside, this could strengthen the dollar and lead to a downward correction in GBP/USD. A break below immediate support (the day's low) could signal a trend reversal.

### Conclusion

The GBP/USD pair is currently showing positive momentum, supported by favourable economic data in the UK. However, investors should keep a close eye on major economic news, particularly concerning the US CPI, as this could influence the pair's future movements. A prudent strategy would be to monitor key technical levels and economic releases and adjust positions accordingly.