Forex data GBP/USD
Date : 2025-06-25
Opening : 1.36113
Higher up: 1.36334
Below: 1.35902
Closing : 1.36200
Economic news :
What's next as the British pound hits its highest in more than three years?
Dow Jones Forecast: DJIA Rebounds on Ceasefire News and Despite Violation Claims
GBP/USD Rebounds After Trump Announces Israel-Iran Ceasefire
Detailed analysis:
### Complete Forex Market Analysis - GBP/USD
#### Date: 2025-06-25
#### Price Summary
- Opening:** 1.36113
- Higher:** 1.36334
- Lower:** 1.35902
- Closing:** 1.36200
#### Economic Context and Current Affairs
1. **The pound sterling reached its highest level for more than three years, indicating strong confidence in the British economy or relative weakness in the US dollar. This movement can be attributed to a number of factors, including positive economic indicators or expectations of favourable monetary policies in the UK.
2. **Geopolitical Impact:** Former President Trump's announcement of a ceasefire between Israel and Iran also contributed to some market stabilisation, allowing GBP/USD to rebound. Geopolitical news often has an immediate impact on financial markets, particularly currencies, because of the uncertainty it can dispel or create.
3. **Dow Jones rebound:** Although claims of ceasefire violations persist, the Dow Jones rebound reflects renewed optimism among investors, which may also have a positive influence on sentiment towards risky assets, including sterling.
#### Technical Analysis
- Current Trend:** The GBP/USD is showing a slight uptrend, supported by the rebound following the ceasefire announcement. The closeness of the closing price to the day's high suggests continued buying pressure.
- Technical levels:**
- Immediate support:** 1.35900 (close to the day's low)
- Immediate resistance:** 1.36334 (day's high)
#### Short-Term Forecasts
- Bullish scenario:** If economic news continues to be favourable and market sentiment remains positive due to geopolitics, the GBP/USD could test and potentially break above resistance at 1.36334. A break above this level could open the way to higher targets, around 1.36500.
- Bearish scenario:** In the event of a resurgence in geopolitical tensions or disappointing UK economic data, the pair could return to support at 1.35900. A break below this level could signal a deeper correction towards 1.35500.
#### Conclusion
The GBP/USD currently appears to be supported by positive geopolitical and economic factors, but investors should remain vigilant to the potential volatility associated with new economic or geopolitical news. Traders should keep a close eye on UK and US economic indicators to anticipate future movements in the pair.
