Forex data GBP/USD
Date : 2025-05-26
Opening : 1.35260
Higher up: 1.35932
Below: 1.35223
Closing : 1.35590

Economic news :
GBP/USD Forecast: Pound Strengthens Amid US Deficit Woes
Monday open levels, indicative FX prices, 26 May 2025
Market Mood Remains Cautious

Detailed analysis:
For a full analysis of the GBP/USD forex market on 26 May 2025, we will look at the key elements through market data and major economic news.

### Technical Analysis

1. **Market data:**
- Opening:** 1.35260
- Higher:** 1.35932
- Lower:** 1.35223
- Closing:** 1.35590

GBP/USD opened at 1.35260 and closed at 1.35590, showing a slight rise on the day. The intraday variation was relatively modest, with a high of 1.35932 and a low of 1.35223, indicating a relatively calm market session but with slight upward pressure.

2. **Current trend:**
- The GBP/USD pair is showing a moderate uptrend, reinforced by the close above the opening level. This trend could be attributed to an improvement in the market's perception of sterling against the US dollar.

### Fundamental Analysis

1. **Major Economic News:**
- The news indicates a strengthening of sterling, mainly due to concerns about the US deficit. This tends to weaken the US dollar, allowing the pound to appreciate.

2. **News impact:**
- The US deficit appears to be a key factor influencing the GBP/USD pair. Investors could be concerned about the economic implications of a growing deficit, which could weaken the dollar, thereby strengthening sterling.

### Short-Term Forecasts

1. **Possible scenarios:**
- Bullish scenario:** If concerns about the US deficit persist, sterling could continue to appreciate, pushing GBP/USD higher. Traders should keep an eye on resistance levels around 1.36000.
- Bearish scenario:** In the event of favourable economic news from the United States or an easing of deficit concerns, the dollar could strengthen, causing GBP/USD to correct downwards, with potential support around 1.35000.

2. **Factors to watch:**
- US economic announcements, particularly those relating to the budget deficit.
- The speeches and policy decisions of the Bank of England and the Federal Reserve.
- British economic indicators that could influence the strength of sterling.

### Conclusion

The GBP/USD pair is currently showing a slight uptrend, mainly influenced by concerns about the US deficit. Investors should keep a close eye on economic developments on both sides of the Atlantic and adjust their positions accordingly. Particular vigilance is advised with regard to major economic announcements, which could influence the pair's future direction.