Forex data GBP/USD
Date : 2025-06-11
Opening : 1.34979
Higher up: 1.35100
Below: 1.34639
Closing : 1.34950

Economic news :
Trump Tariffs Set to Skew CPI as Markets Await Inflation Surprise
GBP/USD Highs Unwound as UK Jobs Disappoint
UK fashion manufacturers see record Q1 sales performance with 171% surge

Detailed analysis:
**Full analysis of the GBP/USD Forex market**.

**Date:** 2025-06-11

**Market data:**
- Open:** 1.34979
- Highest:** 1.35100
- Lowest:** 1.34639
- Closing:** 1.34950

**Major economic news:**
1. **Trump Tariffs Set to Skew CPI as Markets Await Inflation Surprise:** Trump's tariffs are expected to disrupt the consumer price index (CPI), which could generate surprises on the inflation front. This is likely to have an impact on the US dollar, depending on inflation expectations and any resulting monetary policy adjustments.

2. **GBP/USD Highs Unwound as UK Jobs Disappoint:** Disappointing UK jobs data is likely to have weighed on the GBP, contributing to GBP/USD weakness. Lower-than-expected employment figures may signal a less robust UK economy, affecting confidence in sterling.

3. **UK fashion manufacturers see record Q1 sales performance with 171% surge :** A strong performance from UK fashion manufacturers could indicate a particular sector that is expanding, which is positive for the UK economy but may not have an immediate impact on the currency unless it is reflected in an overall improvement in the economic outlook.

**Detailed analysis:**

- The GBP/USD pair showed moderate volatility, closing slightly lower than at the open. Disappointing UK employment data seems to have weighed on the pound, while US inflation expectations may have supported the dollar to some extent. The overall trend appears to be slightly bearish against this backdrop of economic uncertainty.

- Economic news impact:** Trump's tariffs and inflation expectations in the US are creating uncertainties that may strengthen the dollar if investors anticipate interest rate hikes. On the other hand, weak UK employment data could limit the pound's gains. The good performance of the fashion sector is a positive point, but it has not been enough to reverse the downward trend in the immediate future.

- Short-term forecasts:**
- Bullish scenario:** If US economic data continues to surprise on the upside, the dollar could strengthen further, pushing GBP/USD lower. However, an unexpected improvement in UK data, particularly on employment or inflation, could support a recovery in the pound.
- Bearish scenario:** Continued bad economic news in the UK could put further pressure on the pound. In addition, if US inflation expectations are confirmed and the Fed adopts a more aggressive stance, this could push the GBP/USD pair even lower.
- Neutral scenario:** In the absence of any major economic news, the pair could move in a narrow range, with movements influenced mainly by technical data and traders adjusting their positions.

Overall, investors should keep an eye on key economic announcements and central bank policy decisions to anticipate future GBP/USD movements.