Forex analysis - 2025-07-08 (10:13)

July 9, 2025

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

#### Market Context
For 8 July 2025, the GBP/USD pair showed some volatility, opening at 1.35990, reaching a high of 1.36460, a low of 1.35230 and closing at 1.35850. These movements reflect a slight fall from the opening, indicating moderate selling pressure on sterling against the US dollar.

#### Current Trend
The general trend for the day showed a slight fall, despite the pair's attempt to break through higher levels. Selling pressure dominated towards the end of the day, resulting in a close below the opening level. This movement could indicate temporary weakness in sterling or resilience in the US dollar.

#### Impact of Economic News
1. **Lot Size in Forex**: Understanding lot size is crucial for risk management and market exposure. It could influence trading strategies, with traders being more cautious in their positions, which could limit extreme movements.

2. **Trade Developments**: Recent developments in world trade have been absorbed by the market. Trade uncertainties may have contributed to intraday volatility, influencing traders' decisions.

3. **Strong US jobs data limited the dollar's losses despite tax and tariff concerns. A stronger US economy strengthens the dollar, putting downward pressure on GBP/USD.

#### Short-Term Forecasts
- Bullish scenario**: If future UK economic data is positive or if trade tensions ease, the pair could retest the 1.36460 resistance level. A breach of this level could open the way to higher targets.

- Bearish scenario**: In the event of unfavourable economic news for the UK or continued strengthening of the dollar, the pair could fall below support at 1.35230. A breach of this level could intensify selling pressure, driving the pair lower.

- Factors to Watch**: Traders should closely monitor economic policy statements, macroeconomic data, and geopolitical developments that could influence the pair. Monetary policy decisions from the Bank of England and the Federal Reserve will also be crucial.

In summary, the GBP/USD pair is currently being influenced by mixed economic factors, and traders should remain vigilant for economic and political developments that could trigger significant moves in the sessions ahead.

In need of help

We're here to advise you, so don't hesitate to call us at your convenience or to arrange a Visio.
Trading assistance tools for professionals
en_GBEnglish (UK)