Forex data GBP/USD
Date : 2025-04-21
Opening : 1.32841
Higher up: 1.33099
Below: 1.32765
Closing : 1.33090
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:
To carry out a complete analysis of the GBP/USD forex market on 21 April 2025, we need to look at a number of factors, including price movements, economic news and short-term forecasts.
### Market Data Analysis
1. **Price movements:**
- Opening:** 1.32841
- Highest:** 1.33099
- Lowest:** 1.32765
- Closing:** 1.33090
The GBP/USD pair showed a slight uptrend during this session, closing close to the day's high. This indicates moderate buying pressure, potentially influenced by factors both inside and outside the Forex market.
2. **Current trend:**
The current trend appears to be slightly upwards, as indicated by the day's price movements. However, for a more complete assessment, it would be useful to look at trends over a longer period.
### Impact of Economic News
1. **US Crypto Exchange Kraken Expands:**
Kraken's expansion into Forex equities, ETFs and perpetual futures could have an indirect impact on the currency market. This could increase liquidity and attract more investors to the Forex market, thereby increasing short-term volatility.
2. **Kraken Pro Rolls Out Forex Perpetual Futures:**
The launch of perpetual forex futures by Kraken Pro could open up new hedging and speculative opportunities for traders, increasing activity in the GBP/USD pair.
3. **Man Group PLC and Serica Energy:**
Although this news is more focused on the corporate sector, it could have an impact on sterling if it influences general market sentiment or capital flows to the UK.
### Short-Term Forecasts
1. **Bullish scenario:**
If the uptrend continues, supported by increased liquidity and investor interest thanks to the Kraken news, the pair could test higher resistances above 1.3310.
2. **Cashier script:**
If the trend reverses, perhaps due to profit-taking or unfavourable economic news, the pair could fall back towards short-term support around 1.3275.
3. **Factors to watch:**
- Economic and political statements by the United Kingdom and the United States.
- Movements in stock markets and other correlated assets.
- Developments in the geopolitical situation, which could influence market sentiment.
### Conclusion
The GBP/USD pair is currently showing signs of a bullish recovery, but remains sensitive to economic developments and market news. Traders need to remain vigilant to economic news and market developments in order to adjust their strategies accordingly.
