GBP/USD - Overview as of 03.04.2025

Financial and commodity markets analytics


Amid the news about changes in the US tariff policy, which caused resonance in the financial sector, the GBP/USD pair was not left behind. According to Donald Trump's statement, the prime rate of duties on imports will amount to 10%, and for a number of major US trading partners it will be even higher. The new measures will come into effect on April 9 and will affect about 60 countries. The move raises the level of trade tensions instigated by Trump after his return to the White House, increasing fears of a possible slowdown in the global economy and rising inflation. GBP/USD, like EUR/USD, has renewed an earlier high. The nearest significant resistance can be found by the market closer to the marks: 1.33-1.34.