Forex data GBP/USD
Date : 2025-06-18
Opening : 1.34198
Higher up: 1.34763
Below: 1.34174
Closing : 1.34480

Economic news :
GBP/USD Outlook: Better CPI Boosts Pound Ahead of FOMC
GBP/USD Recovers as UK CPI Edges Lower
Geopolitical Tensions Fuel Oil Surge, Hit Stocks, While Silver Outperforms Gold

Detailed analysis:
### Complete Forex Market Analysis - GBP/USD

#### Market Overview
- Open:** 1.34198
- Higher:** 1.34763
- Lowest:** 1.34174
- fence:** 1.34480

The GBP/USD pair rose slightly during the session, opening at 1.34198 and closing at 1.34480. The intraday movement was relatively moderate, with a high of 1.34763 and a low of 1.34174.

#### Current Trend
The GBP/USD pair showed a moderate uptrend during this session, closing above its opening level. This can be attributed to a combination of economic factors and market sentiment.

#### Impact of Economic News
1. **Better CPI Boosts Pound Ahead of FOMC:** Improved Consumer Price Index (CPI) data in the UK has strengthened sterling. Better-than-expected inflation figures may prompt the Bank of England to consider a tighter monetary policy, which generally supports the currency.

2. **UK CPI Edges Lower:** Despite some fall in CPI, the overall impact seems to have been positive for the pound, probably due to expectations of stabilising inflation or other favourable economic factors.

3. **Geopolitical Tensions Fuel Oil Surge, Hit Stocks, While Silver Outperforms Gold:** Geopolitical tensions have caused oil prices to rise, impacting stock markets. However, this has not had a significant impact on GBP/USD in the short term, although it could influence future movements if tensions escalate.

#### Short-Term Forecasts
- Bullish scenario:** If UK economic data continues to improve and geopolitical tensions do not worsen, the pair could continue to advance towards the next resistance level around 1.3500.

- Bearish scenario:** On the other hand, if the FOMC (Federal Open Market Committee) in the United States adopts a more aggressive tone on interest rates or if geopolitical tensions lead to risk aversion, the pair could fall back towards support at 1.3400.

#### Conclusion
The GBP/USD pair has shown resilience in the face of current economic and geopolitical uncertainties. Traders will need to keep a close eye on FOMC developments and future economic data to assess the potential direction of the pair. Particular attention to Bank of England announcements and geopolitical developments will be crucial in anticipating future movements.