Forex analysis - 2025-07-07 (23:58)

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 need to look at several key aspects, including price movements, recent economic news and short-term forecasts.

### Analysis of Price Movements

1. **Opening and Closing:**
- GBP/USD opened at 1.36250 and closed at 1.35990. This indicates a slight fall for the day, although the movement was relatively modest.

2. **Higher and Lower:**
- The high for the day was 1.36570, while the low was 1.35720. This range of movement shows some intra-day volatility, but without any significant break in key levels.

### Current trend

The GBP/USD pair appears to be in a consolidation phase with slight downward pressure, as evidenced by the close below the open. This development may be influenced by the balance between British and American economic forces, as well as by recent world events.

### Impact of Economic News

1. **Lot Size in Forex:**
- This information is educational and has no immediate direct impact on the market, but it can influence traders' risk management behaviour.

2. **Commercial Development:**
- Markets are digesting the latest trade developments, which could create uncertainty and volatility. Changes in trade policies may affect market sentiment and, consequently, the direction of GBP/USD.

3. **US Employment Data:**
- Solid US employment data seems to be limiting the dollar's losses. A robust US economy could strengthen the dollar, putting downward pressure on GBP/USD.

### Short-Term Forecasts

1. **Bullish scenario:**
- If market sentiment improves in sterling's favour, perhaps on the back of positive UK economic data or an improvement in global trade relations, we could see the pair retest the 1.36570 level.

2. **Cashier scenario:**
- On the other hand, if the dollar continues to strengthen, particularly on the back of further positive economic data or political developments in the United States, the pair could fall below support at 1.35720.

3. **Consolidation Scenario:**
- It is also possible that the pair will continue to consolidate in a narrow range around current levels, while awaiting stronger catalysts for a directional move.

### Conclusion

The GBP/USD pair is currently showing slight downward pressure, influenced by strong US economic data and a digestion of recent trade developments. Traders should keep an eye on future economic news and political developments, which could influence market sentiment and provoke more significant moves.