Forex analysis - 2025-06-13 (06:01)

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

Economic news :
GBP/USD Weekly Forecast: Dovish Fed, US-China Trade Deal
Global FX Market Summary: Israel strikes Iran's nuclear facility, Gold, Fed, Currency Volatility, 13 June 2025
Cautious Sentiment In World Markets

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

**General context:**

As of 13 June 2025, the GBP/USD pair showed moderate volatility, with price movement between a low of 1.35163 and a high of 1.36322, closing at 1.35700. Recent world events and economic news have played a significant role in price movements in the forex market.

**Current trends:**

The GBP/USD pair showed a slight downtrend over the period analysed, closing below its opening level. This trend can be attributed to the general uncertainty on world markets, influenced by geopolitical and economic events.

**Impact of Economic News:**

1. **Fed Dovish:** The US Federal Reserve has adopted an accommodative stance, which could generally weaken the US dollar (USD). However, the market reaction appears muted, suggesting that other factors, such as geopolitical risk, may have offset the potential positive impact on the GBP.

2. **US-China trade agreement:** Progress in trade negotiations between the US and China may strengthen the US dollar by improving global risk sentiment, despite the Fed's accommodative policy.

3. **Geopolitical tensions:** Israel's attack on Iran's nuclear facilities has probably increased risk aversion. In such cases, investors often turn to safe havens such as gold, but this can also lead to increased volatility on the currency markets.

4. **Cautious sentiment:** Cautious sentiment on global markets may limit upside moves for the GBP, due to global economic uncertainty.

**Short-term forecast:**

1. **Bullish scenario:** If geopolitical tensions ease and positive economic news emerges for the UK (such as an unexpected improvement in economic data or a strengthening economic outlook), the pair could rebound towards immediate resistance around 1.36322.

2. **Bearish scenario:** In the event of further geopolitical escalations or disappointing economic data for the UK, the pair could retest support around 1.35163, or even go lower.

3. **Neutral scenario:** If markets remain influenced by opposing forces (dovish Fed vs. geopolitical tensions), it is possible that the pair will continue to fluctuate in a narrow range around current closing levels.

**Conclusion:**

The GBP/USD pair is currently influenced by contradictory factors, with a tense geopolitical context and accommodative US monetary policy. Traders need to keep a close eye on geopolitical developments as well as key economic indicators in the UK and US to adjust their strategies accordingly. In this uncertain climate, caution is the watchword.