Forex analysis - 2025-07-09 (20:52)

Forex data GBP/USD
Date : 2025-07-09
Opening : 1.35850
Higher up: 1.36190
Below: 1.35610
Closing : 1.35860

Economic news :
Markets Eye Fed Easing
The USD is little changes vs the EUR, JPY and GBP to kickstart the new trading day
GBP/USD Outlook: Sterling Steady as Traders Eye Tariff Talks

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

#### 1. **Current trend:**
The GBP/USD pair showed limited volatility during the session analysed. It opened at 1.35850 and closed at 1.35860, indicating a relatively stable session with a slight upward movement. The high at 1.36190 and the low at 1.35610 show that the pair fluctuated within a narrow range, suggesting indecision among traders.

#### 2. **Impact of Economic News:**
The major economic news points to a focus on the Federal Reserve's (Fed) policy of possible monetary easing. The fact that the US dollar is little changed against the euro, yen and sterling suggests that investors are waiting for more clarity on the future direction of monetary policy. Talk of tariffs affecting the GBP/USD also highlights investors' expectations of policy decisions that could influence sterling's relative strength.

#### 3. **Short-term forecast:**
- Bullish scenario:** If the Fed signals more aggressive monetary easing, this could weaken the US dollar, pushing GBP/USD higher. In addition, a positive resolution to the tariff talks could strengthen sterling.

- Conversely, if the Fed maintains a firmer stance than expected or if tariff negotiations deteriorate, this could strengthen the dollar and weaken the pound, pushing GBP/USD lower.

- Neutral Scenario:** In the absence of any significant developments or if the news is already incorporated into current prices, the pair could continue to trade in a narrow range, reflecting investors' wait-and-see attitude.

### Conclusion
The GBP/USD pair currently appears to be in a holding pattern, influenced by uncertainties surrounding US monetary policy and tariff talks. Traders should keep a close eye on the Fed's announcements and developments in the tariff negotiations for clues as to the pair's future direction.