Forex data GBP/USD
Date : 2025-05-27
Opening : 1.35617
Higher up: 1.35867
Below: 1.34998
Closing : 1.35070

Economic news :
DAX Rises but Fragile Sentiment Looms Over Trump's Unpredictable Trade Moves
GBP/USD in a Strong Position: Sterling Rallies on Trade News and Robust Data
Gold Holds Near Two-Week High Amid EU-U.S. Trade Uncertainty

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

#### Current Trend
The GBP/USD was in a downtrend on 27 May 2025, opening at 1.35617 and closing at 1.35070. The pair fluctuated between a high of 1.35867 and a low of 1.34998, indicating moderate volatility. Closing below the opening level suggests persistent selling pressure.

#### Impact of Economic News
Recent economic news has had mixed effects on the GBP/USD :

1. **DAX and Market Sentiment** : The rise in the DAX, despite concerns over former President Trump's unpredictable trade decisions, indicates a degree of resilience in European markets. However, this uncertainty tends to increase demand for safe havens such as the US dollar, which may put downward pressure on the GBP.

2. **Sterling and Trade News**: Positive trade news and robust economic data initially supported sterling, contributing to its strong position. However, these effects appear to have been overshadowed by other macroeconomic factors, such as global trade uncertainties.

3. **Gold and EU-US Trade Uncertainty: Gold's stability near its two-week highs due to EU-US trade uncertainty reflects an appetite for safe-haven assets, which may also support the US dollar and weigh on GBP/USD.

#### Short-Term Forecasts
1. **Bullish scenario**: If further positive economic news emerges from the UK or if trade uncertainties between the EU and the US diminish, sterling could regain ground. A return above the immediate resistance level of 1.35867 could signal a bullish recovery.

2. **Bearish scenario**: Conversely, if global uncertainty persists or intensifies, the dollar could continue to strengthen as a safe haven. In that case, a break below the immediate support of 1.34998 could pave the way for further declines, with a potential target around 1.34500.

3. **Sideways scenario**: In the absence of strong economic catalysts, GBP/USD could oscillate in a narrow range, with traders waiting for more clarity on economic and political developments.

In summary, the GBP/USD pair is currently being influenced by a mixture of economic and geopolitical factors. Traders will need to keep a close eye on trade developments and economic announcements to anticipate the pair's future movements.