Forex analysis - 2025-06-13 (09:49)

Forex data GBP/USD
Date : 2025-06-13
Opening : 1.36148
Higher up: 1.36322
Below: 1.35163
Closing : 1.35700

Economic news :
Global FX Market Summary: Israel strikes Iran's nuclear facility, Gold, Fed, Currency Volatility, 13 June 2025
Cautious Sentiment In World Markets
GBP/USD: Bulls Lose Momentum After UK GDP Contracts

Detailed analysis:
**Forex market analysis - GBP/USD** (in French)

**1. Current trend:**

The GBP/USD pair showed a downward trend during the session of 13 June 2025. After opening at 1.36148, the price reached a high of 1.36322 before retreating to close at 1.35700. The pair's decline is also highlighted by the fact that the low was set at 1.35163, indicating significant selling pressure on the day. The contraction in UK GDP, as mentioned in the economic news, probably fuelled this weakness in the GBP.

**2. impact of economic news:**

Major economic news had a significant impact on the pair:

- Geopolitical conflict:** Israel's attack on a nuclear facility in Iran has raised global geopolitical concerns, increasing volatility in the currency markets. Investors tend to seek refuge in safer assets such as the US dollar in times of uncertainty, which may have contributed to pressure on sterling.

- The contraction in UK GDP has heightened concerns about the country's economic health. This news has weakened investor confidence in sterling, putting downward pressure on the GBP/USD pair.

- Cautious sentiment on global markets:** The general feeling of caution on the markets also played a role. Investors are often more reluctant to take risks in an uncertain environment, favouring assets considered to be safe havens.

**3. Short-term forecasts:**

There are several possible scenarios for future sessions:

- Bearish scenario:** If geopolitical tensions persist and other UK economic indicators continue to show signs of weakness, GBP/USD could fall further. A key support could be tested around the 1.3500 level, an important psychological threshold.

- Bullish scenario:** If the geopolitical situation stabilises and positive economic data emerge from the UK, the pair could rebound. Short-term resistance lies around 1.3630, and a breach of this level could signal renewed interest in the pound.

- Neutral scenario:** In the absence of any significant news, the pair could move in a narrow range as investors wait for clarification on the geopolitical and economic fronts before taking any significant positions.

In conclusion, the current situation for the GBP/USD is influenced by complex geopolitical and economic factors. Traders should remain alert to future developments that could affect the pair's volatility and direction.