Forex data GBP/USD
Date : 2025-05-30
Opening : 1.34876
Higher up: 1.35106
Below: 1.34678
Closing : 1.34700

Economic news :
Forex Seasonality - June 2025: Bullish Tailwinds for EUR/USD, AUD/USD
Stock Futures Fade Overnight Gains After Activist Judges Block Trump Tariffs, NVDA Earnings Impress
Markets Sentiment Improves

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

**Market context:**
The foreign exchange (Forex) market is heavily influenced by global economic events and political news. The GBP/USD pair is particularly sensitive to economic developments in the UK and the US. Let's analyse the current situation, taking into account the data provided and economic news.

**Technical analysis:**
- Open:** 1.34876
- Highest:** 1.35106
- Lowest:** 1.34678
- Closing:** 1.34700

The GBP/USD pair showed slight volatility during the session, with a relatively small range of variation between the day's highs and lows. The close slightly below the opening price indicates slight downward pressure on the pair.

**Current trends:**
The current trend appears to be slightly bearish, as shown by the close below the opening price. However, the modest price variation suggests that the market is currently indecisive, with no strong trend in either direction.

**Impact of Economic News:**
- Forex Seasonality - June 2025:** Seasonal trends suggest favourable winds for the EUR/USD and AUD/USD, which could indirectly influence the GBP/USD if investors move capital into other currency pairs.
- Trump's Tariff Blocking and NVDA Results:** Tariff blocking by activist judges could improve market sentiment by reducing trade tensions, while good results from NVIDIA (NVDA) could support increased risk appetite. Improved market sentiment could potentially strengthen the US dollar, putting further pressure on GBP/USD.
- Improving Market Sentiment:** Overall positive market sentiment could benefit sterling as investors seek to diversify their portfolios, but this will largely depend on specific economic developments in the UK.

**Short-term forecast:**
1. **Bullish scenario:** If market sentiment continues to improve and positive economic data emerges from the UK, GBP/USD could retest resistance around 1.35106 and potentially break through to reach new highs.

2. **Bearish scenario:** If the US dollar strengthens further due to increased risk appetite or favourable US economic data, the pair could continue to fall, with support to watch around 1.34678 or lower.

3. **In the absence of major economic catalysts, the GBP/USD could continue to move in a narrow range, reflecting market uncertainty.

**Conclusion:**
Investors should keep a close eye on economic developments in the UK, as well as movements in the US dollar influenced by global economic news. Particular attention should be paid to political and economic announcements likely to influence market sentiment.