Forex data GBP/USD
Date : 2025-07-03
Opening : 1.36467
Higher up: 1.36560
Below: 1.36280
Closing : 1.36370
Economic news :
Dollar Gains on Weakness in the Yen and British Pound
ATFX Releases Q3 2025 Trader Magazine: Your Essential Guide to Global Markets in Uncertain Times
ForexLive European FX news wrap: Dollar finds a floor as markets eye US jobs data
Detailed analysis:
## Complete Forex Market Analysis - GBP/USD
### Market Overview
- Open:** 1.36467
- Higher:** 1.36560
- Lowest:** 1.36280
- fence:** 1.36370
### Major Economic News
1. **Dollar Gains on Weakness in the Yen and British Pound:** The US dollar showed signs of strength, benefiting from weakness in the yen and sterling. This dynamic is likely to have exerted downward pressure on the GBP/USD pair.
2. **ATFX Releases Q3 2025 Trader Magazine:** Although this publication is not directly linked to daily market dynamics, it provides context on global trends and uncertainties that may influence medium-term trading decisions.
3. **ForexLive European FX news wrap:** Market attention is turning to US employment data, which could generate volatility for the dollar and therefore influence currency pairs such as GBP/USD.
### Detailed Analysis
#### Current Trend
The GBP/USD pair showed a slight downtrend on the day, closing below its opening price. Continued pressure from the US dollar, partly due to sterling's weakness, contributed to this trend. The movement between the day's highs and lows was relatively limited, indicating a session of low volatility.
#### Impact of Economic News
Recent news about the strength of the dollar has had a direct impact on the GBP/USD pair, pushing the price lower. Expectations for US employment data are adding uncertainty that could influence short-term movements. Traders are also keeping an eye on UK monetary policy and economic developments that could support or weaken the pound.
#### Short-Term Forecasts
There are several possible scenarios for future sessions:
1. **Bullish scenario:** If US employment data disappoints, the dollar could lose ground, allowing GBP/USD to rebound. A return above 1.36500 could signal renewed interest in sterling.
2. **Bearish scenario:** If the dollar continues to strengthen, particularly after positive US economic data, the pair could test new lows, potentially below 1.36250.
3. **Neutral scenario:** A consolidation around the current closing level, with sideways movements, could occur if markets wait for more clarity on economic data and monetary policies.
### Conclusion
The GBP/USD pair remains under pressure due to the strength of the dollar and economic uncertainty. Traders should keep a close eye on economic publications and political announcements, which could influence movements. A cautious approach and rigorous risk management are recommended in this uncertain environment.