Forex data GBP/USD
Date : 2025-03-25
Opening : 1.29203
Higher up: 1.29239
Below: 1.29161
Closing : 1.29190
Economic news :
Global FX Market Summary: Mixed US and EU PMI Data, US Dollar Strength, Market Reactions 24 March 2025
Currency Pairs In Focus As Central Banks Hold Rates
Markets Anticipate Tariff Relaxations
Detailed analysis:
### Complete Forex Market Analysis - GBP/USD
#### Market Context
On 25 March 2025, the GBP/USD pair exhibited low volatility with very tight opening, high, low and closing levels. This behaviour indicates a relatively stagnant market on this particular day, but it is crucial to look at the underlying factors that could influence future movements.
#### Current Trends
The GBP/USD pair fell slightly during the session, closing below its opening level. This may indicate moderate downward pressure, although the range of movement is very limited. This could be attributed to a period of waiting or indecision among traders, often seen before major economic events or political announcements.
#### Impact of Economic News
1. **Mixed US and EU PMI data:** Mixed Purchasing Managers' Index (PMI) data indicate economic uncertainty in both the US and the EU. Such uncertainty could strengthen the US dollar as a safe haven, exerting downward pressure on GBP/USD.
2. **US Dollar Strength:** The US dollar has shown signs of strengthening, which could be attributed to the expectation of a stable monetary policy from the Federal Reserve. A stronger dollar tends to weigh on the pair, as it makes sterling relatively less attractive.
3. **Markets are anticipating tariff relaxations, which could stimulate international trade and potentially boost sterling if the UK benefits commercially. However, this impact could be longer term and will depend on the precise nature of the tariff changes.
#### Short-Term Forecasts
- Bullish scenario:** If future UK economic data is positive or the US dollar shows signs of weakness, the pair could rebound towards resistance levels near 1.2950.
- Bearish scenario:** Further strengthening of the US dollar, combined with unfavourable UK economic data, could see the pair test support levels around 1.2900 or even lower.
- Neutral scenario:** In the absence of any significant economic catalysts, the pair could continue to move sideways, fluctuating between 1.2910 and 1.2930, pending further guidance.
#### Conclusion
The GBP/USD pair is currently being influenced by external factors such as the strength of the dollar and global economic uncertainties. Traders should keep a close eye on forthcoming economic releases and central bank statements, which could provide clear indications of the pair's future direction. A cautious approach is recommended, with particular attention paid to key support and resistance levels.
English (UK) 
Français