Forex analysis - 2025-07-11 (17:58)

Forex data GBP/USD
Date : 2025-07-11
Opening : 1.35670
Higher up: 1.35850
Below: 1.34790
Closing : 1.34990

Economic news :
U.S. Dollar Strengthens Amid Trade Tariff Speculations
ForexLive European FX news wrap: Dollar steady, equities down awaiting trade developments
Tariff Turbulence Haunts Markets

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

**Current trends:**

The GBP/USD pair showed a bearish trend on 11 July 2025, opening at 1.35670 and closing at 1.34990. The closing rate is lower than the opening rate and close to the day's low, indicating selling pressure throughout the session. This movement suggests that the US dollar has gained strength against sterling.

**Impact of Economic News:**

Recent economic news has played a crucial role in the market's movement. The strengthening of the US dollar is mainly attributed to speculation about trade tariffs. News that developments on tariffs could be imminent has strengthened the dollar, which is seen as a safe haven in times of economic uncertainty. In addition, falling stock markets, awaiting these developments, have contributed to investor caution and support for the dollar.

**Influence of Recent News:**

1. **Strengthening of the US Dollar:** Speculation about trade tariffs has created uncertainty which has pushed investors towards the dollar, thereby strengthening its value.

2. **Falling equities:** The downturn in the stock markets has increased demand for the dollar, further strengthening its position against the pound.

3. **Tariff turbulence:** Concerns about global trade disruptions have led to increased volatility in the foreign exchange market, adversely affecting sterling.

**Short-term forecast:**

1. **Continued Dollar Strength Scenario:** If speculation about tariffs results in stricter trade policies, the dollar could continue to strengthen, pushing GBP/USD lower. Investors could continue to favour the dollar as a safe haven.

2. **Technical Rebound Scenario:** If trade tensions ease or if positive news emerges for sterling, a technical rebound could occur, offering an opportunity for a short-term correction towards the 1.35670 level or higher.

3. **Persistent volatility:** In the current context of price speculation, volatility is likely to remain high. Traders should remain vigilant to economic and political news that could influence market direction.

In conclusion, the GBP/USD pair is currently being influenced by price speculation and the strength of the dollar. Investors should keep a close eye on economic and political developments to anticipate future movements in this pair.