Forex data GBP/USD
Date : 2025-05-28
Opening : 1.35094
Higher up: 1.35220
Below: 1.34496
Closing : 1.34670

Economic news :
Markets Wait For Economic Data, NVIDIA
GBP/USD Analysis: Is the Rally Losing Steam?
DAX Rises but Fragile Sentiment Looms Over Trump's Unpredictable Trade Moves

Detailed analysis:
### Complete Forex Market Analysis - GBP/USD

#### Date: 2025-05-28

#### Market data :
- Opening:** 1.35094
- Highest:** 1.35220
- Lowest:** 1.34496
- Closing:** 1.34670

### Detailed analysis :

#### 1. **Current trend:**
The GBP/USD pair fell slightly on the day, opening at 1.35094 and closing at 1.34670. This indicates that selling pressure prevailed despite an attempt to push the pair higher at the start of the session, as evidenced by the high at 1.35220. The current trend looks bearish in the short term, with the pair closing closer to the day's low at 1.34496.

#### 2. **Impact of economic news:**
Recent economic news suggests that markets are waiting for important economic data, which may create some volatility and uncertainty. The mention of NVIDIA, although apparently not directly related to Forex, indicates an increased focus on US technology and equities, which may have indirect implications for the US dollar and therefore the GBP/USD pair.

The article on the rally losing steam suggests that the pair has recently been on an uptrend that may now be running out of steam. This sentiment is reinforced by the bearish close. Finally, the uncertainties surrounding Trump's unpredictable trade moves could also weigh on the market, adding to the uncertainty and potentially strengthening the dollar as a safe haven.

#### 3. **Short-term forecasts:**
- Bullish scenario:** If future economic data is favourable in the UK or unfavourable in the US, we could see GBP/USD rally towards or above the opening levels, retesting resistance at 1.35220.

- Bearish scenario:** If economic uncertainty persists or if US economic data is positive, the pair could continue to fall, testing support at 1.34496 or even breaking it to reach new lows.

- Neutral scenario:** A lack of clear new guidance could keep the pair in a narrow range, oscillating between 1.3450 and 1.3500, while traders wait for clearer signals.

In summary, the GBP/USD pair is currently showing signs of short-term weakness, influenced by economic uncertainties and external factors. Traders should keep a close eye on economic news and geopolitical developments to anticipate future movements.