Forex data GBP/USD
Date : 2025-05-21
Opening : 1.33847
Higher up: 1.34687
Below: 1.33835
Closing : 1.34260

Economic news :
GBP/USD, DAX Forecast: Two Trades to Watch
Cautious Sentiment In World Markets
GBP/USD Forecast: UK Inflation Surprise Dims Rate Cut Odds

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

**Current trends:**
The GBP/USD pair showed a slight rise during the session, moving from an opening of 1.33847 to a close of 1.34260. This rise, although modest, indicates some buying pressure. However, the market experienced resistance around the 1.34687 level, suggesting that buyers may be reluctant to push the price much beyond this point without a significant catalyst. The overall trend therefore appears to be slightly bullish, but with signs of consolidation.

**Impact of Economic News:**
Recent economic news has had a notable impact on the GBP/USD pair. The article on the "UK inflation surprise" probably played a key role in the pair's movement. Higher than expected inflation may reduce expectations of interest rate cuts by the Bank of England, thereby supporting sterling. At the same time, cautious sentiment on global markets may lead to capital flows to safe havens, which could limit the pound's gains. The mention of 'two trades to watch' on the DAX and GBP/USD forecasts suggests that investors are paying attention to correlations between different markets, which could also influence volatility.

**Short-term forecast:**
There are several possible scenarios for future sessions:

1. **Bullish scenario:** If UK economic data continues to surprise positively, and overall market sentiment improves, the pair could retest resistance at 1.34687. A break above this level could open the way to 1.35000.

2. **Bearish scenario:** In the event of further economic uncertainty, particularly linked to the cautious global economic climate, the pair could fall back towards support near 1.33835. A break below this level could lead to a fall towards 1.33500.

3. **Neutral scenario:** The market could also enter a consolidation phase around the current level, fluctuating between 1.34000 and 1.34500, while awaiting clearer catalysts.

Investors will need to keep an eye on forthcoming economic releases, particularly those relating to inflation and monetary policy decisions, to better anticipate future movements in the GBP/USD pair.