Forex data GBP/USD
Date : 2025-06-26
Opening : 1.36560
Higher up: 1.37648
Below: 1.36556
Closing : 1.37480

Economic news :
Cautious Optimism In World Markets
Dollar resumes struggling mode, under pressure in European morning trade
GBP/USD Hits Multi-Year High as Fed Independence Faces Doubt and Ceasefire Holds

Detailed analysis:
Forex market analysis for the GBP/USD pair as at 26 June 2025 shows a number of interesting dynamics, influenced by various economic and geopolitical factors. Here is a detailed analysis based on the data provided:

### Current trend

The GBP/USD pair rose sharply over the course of the day, from an opening of 1.36560 to a close of 1.37480. This movement indicates a pronounced uptrend, marked by a high of 1.37648. It is important to note that the market has reached a price level not seen for several years, underlining the strength of sterling against the US dollar.

### Impact of economic news

1. **Cautious optimism in global markets**: The cautious optimism reported in global markets may support demand for riskier assets, such as sterling, at a time of increased investor confidence. This may have contributed to the rise in GBP/USD.

2. **Weak US dollar**: The fact that the dollar was under pressure during the European session probably played a key role in the relative strength of the pound. Dollar weakness can be attributed to doubts about the independence of the Federal Reserve (Fed) and political or economic uncertainties in the US.

3. **Doubts about the independence of the Fed and maintenance of the ceasefire** : Doubts about the Fed's independence may create concerns about future US monetary policy. This, combined with positive news on the maintenance of a ceasefire (probably in a geopolitical context), may strengthen the pound as a temporary safe-haven asset.

### Short-term forecasts

For future sessions, there are several scenarios to consider:

- Continuation of uptrend**: If market sentiment remains positive and the dollar continues to show signs of weakness, GBP/USD could continue to rise. Technical levels, such as historical resistances and moving averages, will need to be monitored to confirm this trend.

- Potential correction**: After reaching high levels, a technical correction could occur, especially if new economic or geopolitical news reverses market sentiment. Traders should keep an eye on the key support levels around 1.3700 and 1.3650 to assess the strength of the uptrend.

- Increased volatility**: Given the geopolitical and economic uncertainties, increased volatility is possible. Investors should be prepared for sharp movements and keep a close eye on economic news and statements by political leaders to adjust their positions.

To sum up, the GBP/USD pair performed strongly, buoyed by an economic and geopolitical context that favours sterling. However, investors must remain vigilant for potential trend reversals and news that could influence the markets.