Forex data GBP/USD
Date : 2025-04-15
Opening : 1.31823
Higher up: 1.31973
Below: 1.31800
Closing : 1.31810

Economic news :
Dollar Tumbles Amidst Uncertain U.S. Trade Policy, Easing Inflation
Trade Reliefs Buoy Market Sentiment
Man Group PLC : Form 8.3 - Serica Energy PLC

Detailed analysis:
For a full analysis of the GBP/USD forex market on 15 April 2025, let's look at the key elements and implications of recent economic news.

### Technical Analysis

1. **The pair opened at 1.31823 and closed slightly lower at 1.31810. This movement indicates slight downward pressure for the day.

2. **High and Low:** The high for the day is 1.31973 and the low is 1.31800. This narrow trading range suggests relatively low volatility, which is often the case when the market is waiting for economic news or major events.

3. **Current Trend:** The pair is showing a slight downtrend on this specific day, reinforced by the lower close at the open. However, the narrow amplitude indicates that this trend is not very pronounced.

### Fundamental Analysis

1. **Dollar Tumbles Amidst Uncertain U.S. Trade Policy, Easing Inflation :**.
- Uncertainty over US trade policy may weaken the dollar, which would normally strengthen sterling against the dollar. However, the immediate impact seems moderate in this case.
- Falling inflation in the US could reduce the pressure for aggressive rate hikes by the Federal Reserve, which could also weigh on the dollar.

2. **Trade Reliefs Buoy Market Sentiment :**
- Trade relief may boost market confidence, but its specific impact on GBP/USD depends on how it affects trade relations between the UK and the US.

3. **Man Group PLC : Form 8.3 - Serica Energy PLC :**
- Although this announcement is more related to specific actions, it may have an indirect impact if it affects investment flows or the perception of risk in the UK.

### Short-Term Forecasts

1. **Bullish scenario:** If the uncertainty surrounding US trade policy continues to weigh on the dollar and UK economic news is positive, we could see a rebound in sterling. A break above immediate resistance at 1.31973 could pave the way for higher levels.

2. **Bearish scenario:** If market sentiment turns more negative due to a deterioration in the UK economic outlook or unexpected resilience in the dollar, the pair could test support at 1.31800 or even lower.

3. **Neutral scenario:** If the major economic news does not produce any significant change, the pair could continue to trade in a narrow range, between 1.31800 and 1.31973, with little volatility.

### Conclusion

The GBP/USD pair appears to be in a holding pattern, influenced by external factors relating to US trade policy and inflation. Traders should keep an eye on political developments on both sides of the Atlantic, as well as key economic data that could influence the pair's future direction.