Forex analysis - 2025-07-08 (19:53)

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

Economic news :
Futures Rise With Trump Tariff Updates, FOMC Minutes On Deck
GBP/USD Price Analysis: Pound Recovers Amid Renewed Tariffs
What Is Lot Size in Forex? The Key to Controlling Risk and Optimizing Trade Exposure

Detailed analysis:
**Full analysis of the GBP/USD Forex market**.

**1. Current trend:**

The GBP/USD pair showed some volatility during the session on 8 July 2025. After opening at 1.35990, the pair reached a high of 1.36460 before falling back to a low of 1.35230 and finally closing at 1.35850. This dynamic indicates downward pressure despite an attempted recovery, which could signal a consolidation phase or a potential short-term bearish reversal.

**2. impact of economic news:**

Recent economic news has had a significant impact on the GBP/USD :

- Futures Rise With Trump Tariff Updates, FOMC Minutes On Deck:** Trump's tariff updates may influence market sentiment, particularly regarding US-UK trade relations. If tariffs rise, this could weaken sterling against the US dollar, increasing downward pressure on the pair.

- GBP/USD Price Analysis: Pound Recovers Amid Renewed Tariffs:** Although the pound has shown some resilience in the face of news of renewed tariffs, this could be short-lived if trade tensions intensify, causing increased volatility.

- What Is Lot Size in Forex? The Key to Controlling Risk and Optimizing Trade Exposure:** This educational information may encourage traders to adjust their risk management strategies, which could influence trading volume and, consequently, market volatility.

**3. Short-term forecasts:**

- Bullish scenario:** If trade tensions ease and the FOMC minutes indicate accommodative monetary policy, GBP/USD could rebound above immediate resistance at 1.36460, with potential targets around 1.37000.

- Bearish scenario:** If trade tensions worsen or if the FOMC adopts a more hawkish stance, strengthening the dollar, the pair could break support at 1.35230, paving the way for a fall towards 1.34500.

- Neutral scenario:** In the absence of major economic news or changes in trade policy, the pair could oscillate in a narrow range between 1.35500 and 1.36500, reflecting investor uncertainty.

**Conclusion:**

The GBP/USD pair is currently being influenced by external factors such as trade tensions and monetary policy expectations. Traders should keep a close eye on economic and political developments and adjust their positions accordingly. Cautious risk management is recommended in this potentially volatile environment.