Forex data GBP/USD
Date : 2025-04-14
Opening : 1.30913
Higher up: 1.31738
Below: 1.30615
Closing : 1.31620

Economic news :
Monday morning open levels - indicative forex prices - 14 April 2025
GBP/USD Peaks Above 1.3000 On U.K. GDP Beat, DXY Breaks Psychological 100.00 Barrier
Trade Jitters Dominate Market Mood

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

**Date:** 14 April 2025

**Market data:**
- Opening:** 1.30913
- Higher:** 1.31738
- Lower:** 1.30615
- fence:** 1.31620

**Major economic news:**
- The GBP/USD pair rose above the 1.3000 level following better than expected UK GDP data.
- The US dollar index (DXY) broke through the psychological barrier of 100.00.
- Trade concerns dominate the market mood.

**Detailed analysis:**

**Current trend:**
The GBP/USD pair is showing a bullish trend after opening at 1.30913 and closing at 1.31620. The fact that the pair reached a high of 1.31738 indicates significant buying pressure. The rise is supported by strong economic fundamentals, in particular better than expected UK GDP data. This has strengthened sterling against the dollar. On the other hand, the DXY breaking through the 100.00 barrier shows some dollar resilience, which could limit GBP/USD gains in the short term.

**Impact of economic news:**
Recent UK economic data, in particular the better-than-expected GDP, has boosted confidence in the British economy, thereby supporting sterling. This has contributed to the GBP/USD rising above 1.3000, a psychologically important level. However, the market remains cautious due to global trade concerns, which could influence volatility and market direction. The DXY's breach of the 100.00 barrier indicates some dollar strength, adding a complex dynamic to the pair.

**Short-term forecasts:**
There are several possible scenarios for future sessions:
1. **Bullish scenario:** If UK economic data continues to be robust and trade tensions ease, the pound could continue to rise, potentially testing resistance around 1.3200.
2. **Bearish scenario:** In the event of renewed trade tensions or favourable US economic data, the DXY could continue to strengthen, pushing the GBP/USD towards support at 1.3100 or lower.
3. **Neutral scenario:** If the market remains uncertain with mixed news, the pair could move in a range between 1.3100 and 1.3200, with movements influenced by economic announcements or unforeseen geopolitical developments.

In conclusion, although the GBP/USD pair has shown signs of strength, traders should remain alert to economic and geopolitical developments that could influence the pair's future direction.