Forex analysis - 2025-06-13 (14:11)

Forex data GBP/USD
Date : 2025-06-13
Opening : 1.36148
Higher up: 1.36322
Below: 1.35195
Closing : 1.35200

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

**Current trend:**

The GBP/USD pair showed some volatility during the day on 13 June 2025, opening at 1.36148 and closing at 1.35200. The pair made a high of 1.36322 and a low of 1.35195. The fall in the close relative to the open indicates bearish pressure, suggesting that sellers overtook buyers during the session.

**Impact of economic news:**

1. **Cautious sentiment on global markets:** Cautious sentiment on global markets may lead to a reduction in risk appetite, pushing investors towards safe havens such as the US dollar, which could put downward pressure on GBP/USD.

2. **Contraction in UK GDP:** The contraction in UK GDP is having a negative impact on sterling. This weakens confidence in the British economy and prompts traders to sell the pound, contributing to the fall seen in the GBP/USD pair.

3. **Forecasts:** Although forecasts suggest that buyers could regain control despite the bad GDP news, this could be limited by general market sentiment and overall economic performance.

**Short-term forecasts:**

1. **Bullish scenario:** If buyers regain confidence, we could see the pair retest the resistance levels around 1.36150 to 1.36300. This could be supported by an improvement in risk appetite or unexpected positive economic news from the UK.

2. **Bearish scenario:** If cautious sentiment persists and UK economic data continues to disappoint, the pair could continue to fall, with potential support around 1.35000. A break below this level could pave the way for further declines.

3. **Factors to watch:** Traders should monitor economic developments in the UK, statements from the Bank of England, as well as any changes in overall market sentiment. US economic data could also influence the direction of the pair due to the relative strength of the US dollar.

To sum up, although signs of recovery are possible, the GBP/USD pair is facing significant headwinds from economic and sentiment factors that could limit short-term gains.