Forex analysis - 2025-07-07 (18:51)

Forex data GBP/USD
Date : 2025-07-07
Opening : 1.36250
Higher up: 1.36570
Below: 1.35720
Closing : 1.35990

Economic news :
What Is Lot Size in Forex? The Key to Controlling Risk and Optimizing Trade Exposure
Markets Digest The Latest Trade Developments
Strong Jobs Data Limits Dollar's Losses Amidst Fiscal And Tariff Concerns

Detailed analysis:
To carry out a complete analysis of the GBP/USD forex market on 7 July 2025, we will look at the available data and the major economic news that may influence this currency pair.

### Technical Analysis

1. **Market data:**
- Opening:** 1.36250
- Higher:** 1.36570
- Lowest:** 1.35720
- Closing:** 1.35990

These figures show a slight fall in the GBP/USD pair over the course of the day, with the close below the opening level. The day's highs and lows show some volatility, but the movement remains contained within a relatively narrow range.

2. **Current trend:**
- The current trend appears to be slightly bearish, given that the closing price is lower than the opening price. This trend could be influenced by external economic factors, such as economic news and trade developments.

### Impact of Economic News

1. **Lot Size in Forex:**
- This article explains the importance of lot size in Forex, which is crucial for risk management and optimising trade exposure. Although it has no direct impact on the short-term market, it can influence the behaviour of traders, particularly those who adjust their positions according to volatility and perceived risk.

2. **Markets Digest The Latest Trade Developments:**
- Recent trade developments may have a significant impact on GBP/USD. If the news is seen as positive for global trade, it could strengthen the US dollar as a safe haven, putting downward pressure on GBP/USD.

3. **Long Jobs Data Limits Dollar's Losses:**
- Strong US employment data is limiting the dollar's losses, which could put further pressure on sterling if the market anticipates a robust US economy. This is contributing to the downward trend seen during the day.

### Short-Term Forecasts

1. **Possible scenarios:**
- Bullish scenario:** If positive economic news emerges from the UK or if global risk sentiment improves, we could see a recovery in GBP/USD, retesting resistance levels around 1.36570.
- Bearish scenario:** If the dollar continues to strengthen on the back of positive economic data or favourable trade developments in the US, the pair could continue to fall, testing support levels around 1.35720 or even lower.
- Neutral scenario:** In the absence of any significant news, the pair could remain in a consolidation range, oscillating between the support and resistance levels identified.

In conclusion, the GBP/USD pair appears to be under short-term bearish pressure, influenced by robust US economic factors. Traders should keep a close eye on further economic and political developments to adjust their strategies accordingly.