Forex data GBP/USD
Date : 2025-06-11
Opening : 1.34979
Higher up: 1.35100
Below: 1.34915
Closing : 1.34960

Economic news :
UK fashion manufacturers see record Q1 sales performance with 171% surge
Gold Prices Rise Amid Easing US-China Trade Tensions
Futures Rise Ahead Of US-China Talks

Detailed analysis:
The analysis of the Forex market for the GBP/USD pair as at 11 June 2025 presents several interesting elements. Here is a detailed analysis based on the data provided:

### Current Trend :
The GBP/USD pair fell slightly in the session of 11 June 2025, opening at 1.34979 and closing at 1.34960. Price movements were relatively small, with a high of 1.35100 and a low of 1.34915. This suggests a trading day with little volatility and a lack of clear direction. The trend is neutral to slightly bearish over this specific period.

### Impact of Economic News :
1. **Performance of UK fashion manufacturers** : Strong sales growth in the UK fashion sector in the first quarter could boost confidence in the UK economy. However, this positive impact on sterling could be limited in the short term, as sector-specific news does not immediately translate into significant movements on the currency market.

2. **Rising gold prices and easing US-China trade tensions** : The rise in gold prices indicates a flight to safe assets, which may be due to persistent uncertainties despite the easing of trade tensions. Improved relations between the US and China are generally viewed positively by the market, which could strengthen the US dollar. This could explain the downward pressure on the GBP/USD pair, as the easing of tensions could strengthen the dollar against the pound.

3. **Futures up ahead of US-China talks** : The rise in futures ahead of the US-China talks shows market optimism. If the talks produce positive results, this could further strengthen the US dollar, putting additional pressure on GBP/USD.

### Short Term Forecast :
- Bullish scenario**: If the UK continues to publish positive economic data, and if the US dollar loses momentum in the event of disappointing results from the US-China talks, GBP/USD could see a rebound. A break above 1.35100 could pave the way for higher levels.

- Bearish scenario**: If the results of the US-China talks are positive and strengthen the dollar, or if less favourable economic data emerge from the UK, the pair could continue its downtrend. A break below 1.34915 could signal a continuation of the downtrend.

In conclusion, although the economic news is mixed, with positive elements for the UK and factors favouring the US dollar, the GBP/USD pair could remain under pressure in the short term, depending on developments in the US-China talks and other economic news. Traders should keep a close eye on these events and adjust their positions accordingly.