Forex data GBP/USD
Date : 2025-06-26
Opening : 1.36560
Higher up: 1.37648
Below: 1.36556
Closing : 1.37390

Economic news :
Dollar resumes struggling mode, under pressure in European morning trade
GBP/USD Hits Multi-Year High as Fed Independence Faces Doubt and Ceasefire Holds
GBP/USD Hits Multi-Year High as Bank of England Signals Rate Cut Readiness

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

#### Date: 2025-06-26

#### Market Data
- Opening:** 1.36560
- Higher:** 1.37648
- Lower:** 1.36556
- Closing:** 1.37390

#### Major Economic News
1. **Dollar resumes struggling mode, under pressure in European morning trade.
2. **GBP/USD Hits Multi-Year High as Fed Independence Faces Doubt and Ceasefire Holds **.
3. **GBP/USD Hits Multi-Year High as Bank of England Signals Rate Cut Readiness.**

### Detailed Analysis

#### Current Trend
The GBP/USD pair is showing a significant uptrend, reaching multi-year highs. This rise can be attributed to persistent weakness in the US dollar, as well as to specific factors impacting sterling. The uptrend is supported by higher opening and closing levels, with a notable intraday high.

#### Impact of Economic News
- Dollar under pressure:** The US dollar continues to show signs of weakness, partly due to doubts about the independence of the Federal Reserve and geopolitical tensions eased thanks to a ceasefire. These factors are helping to weaken the dollar, making sterling more attractive by comparison.

- Bank of England and monetary policy:** Although the Bank of England has signalled a readiness to cut rates, sterling has benefited from expectations that this action could stimulate the UK economy. Investors seem to have confidence in the Bank of England's proactive management, which is strengthening the pound's position.

#### Short-Term Forecasts
- Bullish scenario:** If the US dollar continues to face doubts about monetary policy and the Bank of England maintains its proactive approach, GBP/USD could continue to rise. Resistance levels to watch would be around 1.3800 and beyond, especially if UK economic data remains robust.

- Bearish scenario:** On the other hand, a correction could occur if the Federal Reserve clarifies its position and reassures the markets about its independence. In addition, if geopolitical tensions rise again or if UK economic data disappoints, the pair could return to support levels around 1.3650.

- Neutral scenario:** In a context of low volatility or no significant news, the pair could stabilise around its current closing level of between 1.3700 and 1.3750.

### Conclusion
The GBP/USD pair is currently being influenced by significant macroeconomic and political factors. The uptrend could continue in the short term, but investors must remain vigilant to economic and geopolitical developments that could reverse this momentum. Careful monitoring of central bank statements and economic data will be crucial in anticipating future movements in the pair.