Forex data GBP/USD
Date : 2025-05-28
Opening : 1.35094
Higher up: 1.35220
Below: 1.34607
Closing : 1.34790

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:
For a complete analysis of the GBP/USD forex market on 28 May 2025, let's look at the various aspects mentioned.

### Current trend :

GBP/USD opened at 1.35094 and closed slightly lower at 1.34790. The high reached on the day was 1.35220, while the low was 1.34607. This variation indicates slight downward pressure on the pair, although the difference between the opening and closing prices is relatively small, which may suggest some indecision in the market.

### Impact of economic news :

1. **Fragile sentiment in the face of Trump's unpredictable trade moves**: Concerns over US trade policies may create uncertainty in financial markets, including Forex. This volatility could influence demand for safe-haven currencies or less risky assets, indirectly affecting GBP/USD.

2. **Sterling rally on robust trade news and data** : Robust UK economic data and favourable trade news helped support sterling. This could explain why GBP/USD has shown some resilience despite global uncertainties.

3. **Gold near two-week high on EU-US trade uncertainty** : As gold is often used as a safe-haven asset, its stability underlines ongoing concerns over international trade. This could also influence movements in currencies, including GBP/USD, depending on investors' risk appetite.

### Short-term forecasts :

1. **Bullish scenario**: If UK economic data continues to be positive and trade tensions ease, sterling could see further appreciation. This could push GBP/USD to retest resistance levels around 1.35220 and beyond.

2. **Bearish scenario**: On the other hand, if trade uncertainties intensify or less favourable economic data emerge from the UK, the pair could come under further downward pressure, testing support around 1.34607 or even lower.

3. **Neutral scenario**: The pair could continue to move sideways if bullish and bearish forces balance, with moves limited by current support and resistance levels.

### Conclusion :

The GBP/USD pair appears to be in a consolidation phase, with a slight downtrend in the session analysed. Future movements will depend heavily on economic and political developments, particularly with regard to international trade and the UK's economic performance. Investors should keep a close eye on economic and political news to adjust their strategies accordingly.