Forex data GBP/USD
Date : 2025-06-13
Opening : 1.36148
Higher up: 1.36322
Below: 1.35163
Closing : 1.35700
Economic news :
GBP/USD Weekly Forecast: Dovish Fed, US-China Trade Deal
Global FX Market Summary: Israel strikes Iran's nuclear facility, Gold, Fed, Currency Volatility, 13 June 2025
Cautious Sentiment In World Markets
Detailed analysis:
For a full analysis of the GBP/USD forex market on 13 June 2025, let's look at the key elements and trends influencing this currency pair.
### Current trend
GBP/USD opened at 1.36148 and closed at 1.35700, with a high of 1.36322 and a low of 1.35163. These movements indicate slight downward pressure, with the pair closing below the opening level. This may suggest a short-term downtrend, although the movement is not very pronounced.
### Impact of economic news
1. **Dovish Fed**: If the US Federal Reserve adopts an accommodative (dovish) stance, this could put downward pressure on the US dollar, as expectations of lower interest rates make the dollar less attractive. However, in this case, GBP/USD has not shown any significant strengthening in sterling, which could indicate that other factors are limiting the pair's upside.
2. **US-China trade deal**: A positive trade deal could boost market confidence, but its direct impact on sterling could be limited unless it significantly influences the global economic outlook.
3. **Geopolitical tensions in the Middle East**: Israeli strikes on Iran's nuclear facilities are increasing geopolitical tensions, which could lead to increased market volatility. Traditionally, such tensions can support safe havens such as the US dollar, but this depends on the overall reaction of investors.
4. **Cautious sentiment in global markets**: Cautious sentiment can dampen major moves in the currency market, as investors are reluctant to take bold positions.
### Short-term forecasts
1. **Bullish scenario**: If geopolitical tensions ease and the Fed confirms its accommodative monetary policy, the GBP could benefit from some appreciation against the USD, pushing the pair towards resistance levels around 1.36322 and beyond.
2. **Bearish scenario**: If tensions persist or worsen and UK economic data is not favourable, the pair could continue to fall, testing support levels around 1.35163 or even lower.
3. **Factors to watch**: Investors should monitor geopolitical developments, Fed statements, as well as key UK economic data, such as inflation and employment, which could influence the direction of GBP/USD.
To sum up, the GBP/USD pair is currently being influenced by a combination of economic and geopolitical factors, with a slightly downward trend. Investors should remain alert to economic news and world events that could change the current dynamic.
