Forex data GBP/USD
Date : 2025-06-09
Opening : 1.35283
Higher up: 1.35812
Below: 1.35241
Closing : 1.35630

Economic news :
Futures Rise Ahead Of US-China Talks
GBP/USD Weekly Forecast: Metal Tariff Exemptions Boost Pound
GBP/USD Price Analysis: Pound Fades Gains Ahead of NFP

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

#### 1 Market context

**Date:** 2025-06-09
**Open:** 1.35283
**Higher:** 1.35812
**Lower:** 1.35241
**Closing:** 1.35630

The GBP/USD pair showed a slight rise over the course of the day, opening at 1.35283 and closing at 1.35630. The intraday movement was relatively moderate, with a high of 1.35812 and a low of 1.35241.

#### 2. Major Economic News

- Futures Rise Ahead Of US-China Talks** : The markets are anticipating a positive outcome to the talks between the US and China, which could influence the US dollar depending on the outcome of the negotiations.

- GBP/USD Weekly Forecast: Metal Tariff Exemptions Boost Pound** : Metal tariff exemptions have supported sterling, boosting investor confidence in the UK economy.

- GBP/USD Price Analysis: Pound Fades Gains Ahead of NFP**: Despite an initial strengthening of the pound, gains were limited ahead of the US Non-Farm Payrolls (NFP) report, which is a key indicator of US economic health.

#### 3. Detailed analysis

- Current trends:**
The GBP/USD pair showed a slightly bullish trend over the course of the day, closing above its opening level. However, volatility remained subdued, reflecting persistent uncertainty in the market.

- Impact of Economic News:**
Negotiations between the US and China have the potential to create significant movements on the currency market, particularly for the US dollar. Tariff exemptions on metals have given the pound a boost, but attention is now turning to the NFP report, which could reverse or accentuate current trends.

- Short-term forecast:**
- Optimistic scenario:** If the talks between the US and China prove positive and the NFP report is favourable, the dollar could strengthen, pushing GBP/USD lower.
- Pessimistic scenario:** In the event of disappointing trading results or a weaker-than-expected NFP report, the pound could regain ground against the dollar, pushing the pair to test new recent highs.
- Neutral scenario:** If economic data and discussions remain in line with market expectations without any major surprises, the pair could continue to trade in a narrow range around its current closing level.

Overall, traders should keep a close eye on developments in the US-China talks and the NFP report to assess the future direction of the GBP/USD pair. Fluctuations could be accentuated by technical indicators and key resistance/support levels.