Forex analysis - 2025-07-10 (02:09)

Forex data GBP/USD
Date : 2025-07-10
Opening : 1.35860
Higher up: 1.36190
Below: 1.35300
Closing : 1.35730

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

**1. Current trend:**

The GBP/USD pair showed a slight fall at the day's close, from 1.35860 to 1.35730. The day's movement was relatively limited, with a high of 1.36190 and a low of 1.35300. This price range indicates a degree of stability in the market, despite slight downward pressure towards the close. The market seems hesitant, probably due to the current economic uncertainties.

**2. impact of economic news:**

Major economic news suggests that markets are anticipating an easing of monetary policy by the US Federal Reserve (Fed). This prospect would normally weaken the US dollar, but the fact that the USD is little changed against the EUR, JPY and GBP indicates that other factors are offsetting this effect. Tariff talks could also influence sterling, as they may affect UK foreign trade and, consequently, the value of the GBP.

**3. Short-term forecasts:**

- Bullish scenario:** If the tariff talks lead to a positive outcome for the UK, this could strengthen sterling. In addition, if the Fed confirms monetary easing measures, this could further weaken the dollar, pushing GBP/USD higher. A breach of the 1.36190 resistance level could pave the way for further gains.

- Bearish scenario:** If the talks on tariffs fail or if new trade tensions emerge, this could weigh on the pound. In addition, if the Fed does not follow market expectations on easing, the dollar could strengthen. In that case, the pair could retest support at 1.35300, and a break below that level could lead to a sharper decline.

- Neutral scenario:** In the absence of any significant news, the pair could continue to trade in a narrow range, with traders waiting for more clarity on economic and trade policies.

To sum up, short-term movements in the GBP/USD pair will depend heavily on the economic news to come and the progress of trade talks. Traders will need to keep a close eye on Fed announcements and tariff-related developments to adjust their positions accordingly.