Forex data GBP/USD
Date : 2025-06-27
Opening : 1.37275
Higher up: 1.37524
Below: 1.37030
Closing : 1.37100

Economic news :
Markets Wait For PCE Data
Major currencies not up to much to start the session
GBP/USD Surges to 3-Year Highs Amid Broad US Dollar Weakness

Detailed analysis:
For a full analysis of the GBP/USD forex market for 27 June 2025, here is a detailed analysis based on the information provided :

### Current trend :

The GBP/USD pair fell slightly over the course of the day, opening at 1.37275 and closing just below 1.37100. Despite an intraday high of 1.37524, the price retreated, indicating selling pressure. The day's trading showed moderate volatility, with a low of 1.37030.

### Impact of economic news :

1. **Markets Wait For PCE Data** : Markets are paying close attention to the US Personal Consumption Expenditure (PCE) price index data, a key inflation indicator for the Federal Reserve. Waiting for this data may have contributed to some caution in the market, limiting significant moves in GBP/USD.

2. **Major currencies not up to much to start the session** : The lack of significant movement at the start of the session could be attributed to a lack of major economic catalysts, with investors waiting for clearer economic events or data to guide their positions.

3. **GBP/USD Surges to 3-Year Highs Amid Broad US Dollar Weakness** : The mention of a three-year high for the GBP/USD pair highlights a recent uptrend, probably fuelled by general weakness in the US dollar. This weakness could be due to expectations of more accommodative monetary policies or other macroeconomic factors weakening the dollar.

### Short-term forecasts :

- Bullish scenario**: If the PCE data show inflation below expectations, this could reinforce the idea that the Fed will maintain an accommodating monetary policy. This could further weaken the US dollar and allow GBP/USD to resume an upward trajectory, potentially retesting recent 3-year levels.

- Bearish scenario**: If the PCE data are higher than expected, this could reinforce expectations of monetary tightening by the Fed, strengthening the dollar and exerting downward pressure on the GBP/USD pair. Such a scenario could see the pair test support around the 1.3700 level or below.

- Consolidation**: In the absence of any major surprises in economic data, the pair could continue to trade in a narrow range, with traders waiting for clearer signals before taking large positions.

### Conclusion :

The GBP/USD pair is currently being influenced by macroeconomic factors linked to US monetary policy and the relative strength of the dollar. Traders should keep a close eye on upcoming economic data and central bank statements for indications of future movements in the pair. Careful monitoring of key technical levels and market reactions to economic news will be essential for navigating the coming sessions.