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:
**Full analysis of the GBP/USD Forex market**.

**Date:** 2025-06-13

**Summary of the day's movements:**
- Opening:** 1.36148
- Higher:** 1.36322
- Lower:** 1.35163
- Closing:** 1.35700

The GBP/USD pair showed some volatility over the course of the day, with an overall downward movement from its opening to its closing. This could indicate downward pressure on the pound against the US dollar.

**Major economic news:**

1. **Dovish Fed and USA-China trade agreement:**
- The US Federal Reserve (Fed) appears to be adopting an accommodative stance, which could weaken the US dollar. However, the impact on GBP/USD also depends on the market's reaction to the British economic outlook.
- Improved trade relations between the US and China could support the dollar through renewed confidence in the global economy, but it could also increase risk appetite, potentially benefiting sterling.

2. **Conflict in the Middle East:**
- Geopolitical tensions, in particular Israel's attack on an Iranian nuclear facility, may create uncertainty in the markets. This could lead investors to turn to safe-haven assets such as the US dollar or gold, which could put further pressure on the pound.

3. **Cautious sentiment on world markets:**
- A general feeling of caution may lead to increased volatility, with investors likely to react sensitively to new information. This could keep GBP/USD movements in a relatively narrow range in the short term.

**Detailed analysis:**

- Current trend:**
- Today's trend shows a slight bearish bias, but the pair has remained in a relatively narrow range. The support level around 1.35163 will be crucial for traders to watch. If this level is broken, it could signal a continuation of the downtrend.

- Impact of economic news:**
- News of an accommodating Fed and an improvement in Sino-American trade relations could provide medium-term support for the pound. However, geopolitical tensions and cautious market sentiment could limit potential gains.

- Short-term forecasts:**
- Bullish scenario:** If geopolitical tensions ease and UK economic data is positive, the pair could retest resistance levels, notably around 1.36322. A break above this level could pave the way for a recovery towards 1.3700.
- Bearish scenario:** In the event of escalating tensions or disappointing economic data for the UK, the pair could fall below support at 1.35163, with further downside potential towards 1.34500.

Overall, caution remains the order of the day for GBP/USD, with multiple and sometimes contradictory influences weighing on the pair. Traders will need to keep a close eye on economic and geopolitical developments to adjust their positions accordingly.