Forex data GBP/USD
Date : 2025-06-10
Opening : 1.35489
Higher up: 1.35640
Below: 1.35190
Closing : 1.35360

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:
Forex market analysis for the GBP/USD pair on 10 June 2025 shows a day of slight volatility with an opening at 1.35489, a high at 1.35640, a low at 1.35190, and a close at 1.35360. Here is a detailed analysis:

### Current trend :

The GBP/USD pair is showing a slight downtrend on the day, closing below its opening price. This suggests some selling pressure, although the movements are relatively contained, indicating uncertainty or an expectation of further catalysts.

### Impact of economic news :

1. **Futures Rise Ahead Of US-China Talks** : Markets are paying close attention to talks between the US and China, which may influence overall market sentiment. An improvement in trade relations could strengthen the US dollar, which could put downward pressure on GBP/USD.

2. **Metal Tariff Exemptions Boost Pound** : The metal tariff exemptions appear to be having a positive effect on sterling, which could support the British currency and counter some downward pressure.

3. **GBP/USD Price Analysis: Pound Fades Gains Ahead of NFP** : Attention turns to US Non-Farm Payrolls (NFP) data. Expectations surrounding these figures could increase volatility on GBP/USD. A positive surprise could strengthen the dollar, while a disappointment could offer support to the pound.

### Short-term forecasts :

There are several possible scenarios for future sessions:

- Bullish scenario**: If the talks between the United States and China produce favourable results and the NFP data are disappointing, sterling could benefit from renewed confidence, pushing the GBP/USD pair to test resistance around 1.35640.

- Bearish scenario**: If the talks fail to produce tangible results and the NFP data exceeds expectations, the dollar could strengthen, pushing the pair below support at 1.35190.

- Neutral scenario**: If the economic news does not bring any significant surprises and investors remain cautious, the pair could continue to trade in a narrow range, oscillating between its current support and resistance levels.

In summary, the market remains attentive to developments in Sino-American talks and US economic data, which will play a crucial role in the short-term direction of the GBP/USD pair. Traders should monitor these events closely to adjust their strategies accordingly.