Forex data GBP/USD
Date : 2025-06-26
Opening : 1.36560
Higher up: 1.37705
Below: 1.36556
Closing : 1.37270
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:
### Complete Forex Market Analysis - GBP/USD
#### Date: 2025-06-26
- Opening:** 1.36560
- Higher:** 1.37705
- Lower:** 1.36556
- fence:** 1.37270
#### Major Economic News
1. **Cautious Optimism In World Markets** : Cautious optimism in world markets could indicate an improvement in the global economic outlook, which could boost investor confidence.
2. **Dollar Resumes Struggling Mode** : The persistent weakness of the US dollar is a key factor influencing Forex market dynamics, particularly against sterling.
3. **GBP/USD Hits Multi-Year High**: A multi-year high for GBP/USD is significant, fuelled by doubts about the independence of the Federal Reserve and a ceasefire that holds.
#### Detailed Analysis
- Current trends:**
The GBP/USD pair is showing a significant uptrend, marked by a multi-year high. This trend is underpinned by a combination of economic and geopolitical factors. Sterling is benefiting from renewed confidence, supported by the weakness of the US dollar. This situation is exacerbated by doubts about the independence of the Federal Reserve, which could have a negative impact on the dollar.
- Impact of Economic News:**
Recent events are playing a crucial role in current market dynamics. Cautious optimism on global markets could stimulate investment in riskier assets, favouring the pound. Dollar weakness, exacerbated by uncertainty over US monetary policy, provides fertile ground for continued GBP appreciation against the USD. The maintenance of a ceasefire adds to geopolitical stability, which is viewed positively by the markets.
- Short-term forecast:**
- Bullish scenario:** If dollar weakness persists and uncertainty surrounding the Fed continues to grow, GBP/USD could continue to climb, potentially testing new highs above 1.37705.
- Bearish scenario:** A reversal in the perception of the Fed's policies or a strengthening dollar could lead to profit-taking, resulting in a correction towards the opening levels around 1.36560.
- Neutral scenario:** In the absence of new catalysts, the pair could stabilise around its current closing level (1.37270), with reduced volatility.
### Conclusion
The GBP/USD pair is currently in a bullish phase, supported by economic and geopolitical factors favourable to the pound. Investors should keep a close eye on developments concerning US monetary policy and any changes in the global economic outlook, which could influence the pair's future movements.
