Forex data GBP/USD
Date : 2025-04-03
Opening : 1.30462
Higher up: 1.32074
Below: 1.30255
Closing : 1.31097

Economic news :
Markets Sink As Trump Unveils Higher-than-expected Tariffs
Dollar slumps further across the board as tariff angst weighs
GBP/USD Extends Gains, Outperforms Peers as UK Avoids Major Tariff Risks

Detailed analysis:
Forex market analysis for the GBP/USD pair on 3 April 2025 shows significant movements influenced by recent economic news. Here is a detailed analysis:

### Current trend

The GBP/USD pair showed a bullish trend during the April 3 session, opening at 1.30462 and closing higher at 1.31097. The day's high was recorded at 1.32074, indicating significant buying pressure over the course of the day. This rise was mainly due to the weakening of the US dollar in the face of the new tariff policies announced by the United States.

### Impact of economic news

Donald Trump's recent announcements of higher-than-expected tariffs caused concern in the markets, leading to a widespread fall in the US dollar. This weakness in the dollar has allowed sterling to appreciate. In addition, the fact that the UK seems to be avoiding the major risks associated with these new tariffs has strengthened the pound's position, making the GBP/USD pair more attractive to investors.

The impact of this news was amplified by the reaction of the markets, which anticipated increased trade tensions. This led to a rotation towards currencies perceived as more stable or less exposed to tariff risks, from which sterling benefited.

### Short-term forecasts

There are several possible scenarios for future sessions:

1. **If fears over US tariffs continue to weigh on the dollar, and if the UK stays out of the direct repercussions, GBP/USD could continue to rise. Investors could continue to favour the pound because of its relative safety in this economic climate.

2. **Technical correction:** After a significant rise, a technical correction could occur, especially if the market decides to take profits. This could cause the pair to fall slightly, but without reversing the underlying uptrend unless there is a significant change in fundamentals.

3. **Increased volatility:** Further developments regarding US trade policies or unexpected economic news from the UK could increase volatility. Traders should keep a close eye on economic announcements and speeches by political leaders to anticipate market movements.

To sum up, the GBP/USD pair is currently being influenced by external factors linked to US tariff policies. The uptrend could continue if current conditions persist, but investors should remain alert to the possibility of technical corrections and increased volatility.