Forex data GBP/USD
Date : 2025-06-13
Opening : 1.36148
Higher up: 1.36322
Below: 1.35212
Closing : 1.35620
Economic news :
Cautious Sentiment In World Markets
GBP/USD: Bulls Lose Momentum After UK GDP Contracts
GBP/USD Forecast: Buyers Regain Despite Downbeat UK GDP
Detailed analysis:
An analysis of the Forex market for the GBP/USD pair on 13 June 2025 shows a number of key factors that need to be taken into account to understand movements in this currency pair.
### Current trend :
GBP/USD opened at 1.36148 and closed slightly lower at 1.35620, showing a loss of momentum from buyers. Prices remained in a relatively narrow range, with a high of 1.36322 and a low of 1.35212. This dynamic indicates downward pressure, influenced by recent economic news, notably the contraction in UK GDP.
### Impact of economic news :
1. **Cautious Sentiment In World Markets**: Cautious sentiment in world markets may have contributed to the limited volatility and uncertainty in the pair's movements. Overall cautious sentiment may lead investors to seek safe-haven assets, which could negatively affect sterling.
2. **GBP/USD: Bulls Lose Momentum After UK GDP Contracts** : The contraction in UK GDP is a key factor in sterling's weakness. Falling GDP suggests a slowing economy, which can deter investors and weaken the currency.
3. **GBP/USD Forecast: Buyers Regain Despite Downbeat UK GDP**: Despite disappointing economic data, there appears to be renewed interest in buying GBP/USD, perhaps due to a technical correction or anticipation of future improvements.
### Short-term forecasts :
- Bullish scenario**: If buyers manage to regain control, we could see the pair retest the 1.36322 level. For this to happen, we would need positive economic news or a change in overall market sentiment in favour of riskier assets.
- Bearish scenario**: If selling pressure persists, the pair could fall below support at 1.35212. Further economic weakness or a strengthening US dollar could accelerate this downward movement.
- Neutral scenario**: The pair could continue to move sideways in the current range if there is no significant news to change market sentiment. Traders could wait for clearer indications of the UK's economic direction or overall market sentiment.
### Conclusion :
The GBP/USD pair is currently being influenced by unfavourable economic factors in the UK, notably the contraction in GDP. However, future movements will largely depend on economic news and changes in market sentiment. Traders should remain alert to economic and political developments that could influence the pair in the coming sessions.