Forex data GBP/USD
Date : 2025-04-18
Opening : 1.32631
Higher up: 1.32985
Below: 1.32536
Closing : 1.32940

Economic news :
US Crypto Exchange Kraken Expands to Stocks, ETFs and FX Perpetual Futures
Kraken Pro Rolls Out Forex Perpetual Futures
Man Group PLC : Form 8.3 - Serica Energy plc

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

#### 1. **Current trend:**
The GBP/USD pair showed a slight rise during the session of 18 April 2025, opening at 1.32631 and closing at 1.32940. This indicates a moderate uptrend for the day, with support and resistance levels around 1.32536 and 1.32985 respectively. The pair's advance could be attributed to both technical and fundamental factors, influencing demand for sterling against the US dollar.

#### 2. **Impact of Economic News:**
The expansion of Kraken, a major player in the crypto-currency industry, into equities, ETFs and Forex perpetual futures could have indirect implications for the FX market. Although this news is primarily geared towards the crypto-currency and derivatives market, it could boost investor confidence in modern trading platforms, which could in turn influence liquidity and volatility in the Forex market.

Man Group PLC's announcement regarding Serica Energy plc is more specific to individual stocks and could have a limited direct impact on GBP/USD. However, these movements may reflect general market sentiment which could indirectly influence the pair.

#### 3. **Short-term forecast:**
- Bullish Scenario:** If the uptrend continues, the pair could test and potentially breach the current resistance level at 1.32985. This could happen if positive UK economic news emerges or if the US dollar shows signs of weakness.

- Bearish scenario:** In the event of unfavourable news for the UK or a strengthening US dollar, the pair could reverse its current trend and head towards the 1.32536 support level, or even break it.

- Consolidation scenario:** The pair could also move in a narrow range between current support and resistance levels, pending major economic triggers or monetary policy announcements.

#### Conclusion :
The GBP/USD pair is showing moderate upward momentum, influenced by technical factors and a changing global economic environment. Traders should monitor economic announcements and geopolitical developments to anticipate future movements. The Kraken expansion and Man Group PLC announcements could have secondary effects on market sentiment, but direct impacts on GBP/USD appear limited in the short term.