GBPUSD

GBPUSD parity has moved out of the blue box, the importance of which we mentioned before. It has reached the 4-hour EMA50 average area and the price has slowed down here.If we see closings below the red average, we will be expecting the declines to continue. We expect roughly around 1.2306. Support: 1.2397 – 1.2306 Resistance: 1.2415 – 1.2441