Forex analysis - 2025-06-13 (03:53)

June 13, 2025

Forex data GBP/USD
Date : 2025-06-13
Opening : 1.36148
Higher up: 1.36322
Below: 1.35505
Closing : 1.35610

Economic news :
Cautious Sentiment In World Markets
GBP/USD: Bulls Lose Momentum After UK GDP Contracts
GBP/USD Forecast: Buyers Regain Despite Downbeat UK GDP

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

#### General Context
The GBP/USD pair showed considerable volatility on 13 June 2025, opening at 1.36148, reaching a high of 1.36322, a low of 1.35505, and closing at 1.35610. The day was marked by cautious sentiment on global markets and important economic news concerning the UK economy.

#### Current Trend
The current trend for the GBP/USD pair looks bearish, as demonstrated by the fall in the close compared with the open. This decline is influenced by the contraction in UK GDP, which has weakened sterling against the US dollar. Investors reacted negatively to this economic contraction, leading to a loss of momentum for bulls.

#### Impact of Economic News
Economic news had a significant impact on the GBP/USD pair. The contraction in UK GDP raised concerns about the country's economic health, which weighed on sterling. However, despite this unfavourable news, some forecasts indicate that buyers could regain ground. This suggests a possible resilience in the pair, although the current trend remains downwards.

#### Short-Term Forecasts
There are several possible scenarios for future sessions:

1. **Bullish scenario**: If buyers regain confidence and positive economic news emerges, the pair could rebound and retest resistance levels around 1.36322. External factors, such as a weaker US dollar or favourable monetary policy measures in the UK, could support this scenario.

2. **Bearish scenario**: If worries about the UK economy persist and the US dollar continues to strengthen, the pair could continue to fall, potentially testing support around 1.35505 or lower.

3. **Sideways scenario**: In the absence of major economic news or significant changes in market sentiment, the pair could move in a narrow range, oscillating between recent support and resistance levels.

#### Conclusion
In conclusion, the GBP/USD pair is currently influenced by unfavourable economic factors in the UK, but remains subject to potential movements depending on economic news developments and market sentiment. Traders should keep a close eye on UK and US economic developments and technical indicators to identify short-term trading opportunities.

In need of help

We're here to advise you, so don't hesitate to call us at your convenience or to arrange a Visio.
Trading assistance tools for professionals
en_GBEnglish (UK)