Forex analysis - 2025-07-09 (10:53)

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

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:
To carry out a complete analysis of the GBP/USD forex market, we need to look at a number of aspects, including recent price movements, economic news and short-term forecasts.

### Technical Analysis

1. **Price movements:**
- Opening:** 1.35850
- Higher:** 1.36190
- Lowest:** 1.35610
- Closing:** 1.35860

The GBP/USD pair showed a slight intraday variation with a fairly close open and close, indicating a relatively stable session. The day's high and low reveal a range of around 58 pips, which can be considered moderate for this currency pair.

### Fundamental Analysis

2. **Economic News:**
- Trump Tariff Updates:** Tariff updates under the Trump administration could have an impact on the US dollar, indirectly influencing GBP/USD. If tariffs rise, this could weaken the dollar, making the pound stronger by comparison.
- FOMC Minutes:** The minutes of the Federal Open Market Committee (FOMC) are crucial to understanding US monetary policy. Any indication of an interest rate hike could strengthen the dollar, which could put pressure on the GBP/USD pair.
- Analysis of the Pound:** The recovery of the Pound mentioned in the news suggests renewed interest or confidence in the British currency, potentially due to an improved economic outlook in the UK or favourable political factors.

### Short-Term Forecasts

3. **Possible scenarios:**
- Bullish scenario:** If the FOMC minutes reveal an accommodative stance or if trade tensions due to tariffs intensify, this could weaken the dollar and push GBP/USD higher, potentially testing recent highs around 1.36190.
- Bearish scenario:** On the other hand, if the minutes suggest a tighter monetary policy with rate hikes to come, the dollar could strengthen, pushing the pair to test new lows around 1.35610 or below.
- Stability:** If the economic news does not bring any significant surprises, the pair could continue to oscillate in a narrow range, close to its current opening and closing levels.

### Conclusion

The GBP/USD pair is currently being influenced by major economic factors, including US tariff policies and the Fed's monetary policy expectations. Traders should keep a close eye on developments in these areas, as well as UK economic indicators, to anticipate future movements. Volatility could increase as new information emerges, offering both opportunities and risks to the market.