Forex data GBP/USD
Date : 2025-03-13
Opening : 1.29617
Higher up: 1.29671
Below: 1.29600
Closing : 1.29630

Economic news :
Markets Wait For U.S. CPI Data
ForexLive European FX news wrap: The calm before the storm?
Man Group PLC : Form 8.3 - Serica Energy plc

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

**Date:** 2025-03-13
**Open:** 1.29617
**Higher:** 1.29671
**Lowest:** 1.29600
**Closing:** 1.29630

**Major economic news:**
- Marks Wait For U.S. CPI Data:** Markets are awaiting the release of U.S. Consumer Price Index (CPI) data, a key inflation indicator that could influence the Federal Reserve's monetary policy decisions.
- ForexLive European FX news wrap: The calm before the storm :** European markets appear calm as they await significant economic developments. This expectation could lead to increased volatility once the news is published.
- Man Group PLC: Form 8.3 - Serica Energy plc:** Although this information relates more to the equity market, significant movements in large companies can sometimes have an indirect impact on the currency market, particularly through investment flows.

**Detailed analysis:**

- Current trend:**
The GBP/USD pair is showing a slightly upward trend, albeit limited, with a close slightly higher than the open. Today's range is very narrow, indicating a consolidation session with little volatility. This can be attributed to the expectation of important economic data to come.

- Impact of economic news:**
The expectation of US CPI data is a major factor influencing the pair. Traders are often cautious ahead of the release of such data, as it can have a significant impact on the US dollar. Higher than expected inflation could strengthen the dollar, causing GBP/USD to fall, while lower inflation could have the opposite effect.

- Short-term forecasts:**
There are several possible scenarios for future sessions:

1. **If the US CPI is higher than expected:** This could strengthen the dollar, causing the GBP/USD pair to fall. Investors could anticipate a more restrictive monetary policy from the Fed.

2. **If the CPI is in line with or below expectations:** The dollar could weaken, allowing sterling to strengthen against the dollar and pushing the GBP/USD pair higher.

3. **Increased volatility:** Regardless of direction, the release of the CPI could lead to increased volatility. Traders should be prepared for sharp movements in both directions.

In conclusion, the next few sessions are likely to be influenced by US economic data. Traders should keep a close eye on the announcements and be ready to adjust their positions according to the new information.