GBPUSD

GBPUSD side will follow the CPI data to be announced as of 10:00. CPI coming above expectations may also indirectly move the parity up. EMA21 stands out as support in the 4-hour view. We can say that 1.2135 is roughly support.If the price settles above 1.259, we can see the continuation of the upward movement. Support: 1.20149 – 1.1837 Resistance: 1.2159 – 1.2306