GBPUSD

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GBPUSD

In the GBPUSD parity, we will be waiting for the US CPI decision tomorrow, the US FED decision on Thursday and the BoE Central Bank decision. The 34-period exponential moving average (1.2580) in the parity may want to maintain its pressure below the average. With this in mind, pressure can be observed towards the supports of 1.2560, 1.2520 and 1.2480. The 1.2730 region acts as a strong resistance. If it rises above the 1.2665 region again, it can provide a technical increase to 1.2730. Support: 1.25200 Resistance: 1.27300