Forex analysis - 2025-03-13 (16:52)

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

Economic news :
Risk sentiment on the rocks ahead of European trading
Markets Wait For U.S. CPI Data
ForexLive European FX news wrap: The calm before the storm?

Detailed analysis:
### Complete Forex Market Analysis - GBP/USD

#### Date: 2025-03-13

The GBP/USD pair had a relatively stable trading day with low volatility, as evidenced by the very close opening and closing values. Here is a detailed analysis:

#### Market data
- Open:** 1.29617
- Higher:** 1.29671
- Lowest:** 1.29600
- Closing:** 1.29630

#### Major economic news
1. **Risk sentiment:** The market is showing a degree of caution ahead of the opening of European markets. This caution is generally due to the expectation of important economic events or data that could influence the market.

2. **The markets are awaiting US inflation data, which is crucial for anticipating the Federal Reserve's monetary policy moves. Higher-than-expected inflation could strengthen the dollar, while lower inflation could push it lower.

3. **Calm before the storm:** Traders seem to be waiting for clearer indications before taking significant positions, which is reflected in moderate trading activity.

#### Detailed analysis

- Current trend:** The GBP/USD pair is showing a neutral to slightly bullish trend, but this may change quickly depending on US economic data. The small gap between the day's highs and lows indicates a waiting market.

- Impact of economic news:** The events mentioned create an atmosphere of uncertainty. Traders are monitoring economic news to adjust their positions. Risk sentiment and expectations regarding the US CPI are the main market drivers at the moment.

- Short-term forecasts:**
- Bullish scenario:** If CPI data shows inflation below expectations, this could weaken the dollar and push GBP/USD higher.
- Bearish scenario:** Conversely, higher-than-expected inflation would strengthen the dollar, which could push GBP/USD lower.
- Neutral scenario:** If the data is in line with expectations, the pair could continue to move in a narrow range until further information influences the market.

Traders should remain vigilant and ready to react to economic news, as it could cause significant movements in the market. It is also advisable to monitor statements from the Bank of England and the Federal Reserve for any potential changes in monetary policy.