Forex analysis - 2025-07-08 (14:49)

Forex data GBP/USD
Date : 2025-07-08
Opening : 1.35990
Higher up: 1.36460
Below: 1.35230
Closing : 1.35850

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:
### Complete Forex Market Analysis - GBP/USD

#### Current trend
The GBP/USD pair showed some volatility during the day, opening at 1.35990, reaching a high of 1.36460, before retreating to close at 1.35850. The overall trend appears to be slightly bearish, with the pair closing below the opening, indicating selling pressure at the end of the session.

#### Impact of business news
1. **Lot Size in Forex**: Understanding lot size is crucial for traders as it directly affects risk management and market exposure. Although not directly related to the daily performance of GBP/USD, better risk management can influence trading volumes and therefore liquidity and volatility of the pair.

2. **Recent trade developments**: Markets are digesting the latest trade developments, which could include agreements or tensions that influence the global economic outlook. This potentially has an impact on sterling, especially if the developments concern the UK or its major trading partners.

3. **Robust employment data**: Strong US employment data limited the dollar's losses, despite tax and tariff concerns. A strong US labour market supports the dollar, putting downward pressure on GBP/USD. However, tax and tariff concerns could temper this effect if they create economic uncertainty.

#### Short-term forecasts
1. **Bullish scenario**: If new economic data or positive developments regarding the UK emerge, or if the US dollar weakens due to increased fiscal concerns, GBP/USD could retest the 1.36460 resistance level.

2. **Bearish scenario**: If US economic data continues to support the dollar or if political or economic uncertainties weigh on sterling, the pair could look to break support at 1.35230.

3. **Neutral scenario**: In the absence of major news, the pair could move in a narrow range, consolidating around current levels before taking a more assertive direction.

In conclusion, the GBP/USD pair is influenced by various economic and political factors. Traders will need to monitor economic news and political developments to anticipate future movements in the pair. Risk management via appropriate lot sizes also remains a crucial aspect of navigating this volatility.