GBPUSD
The GBPUSD parity has shown a weekly 2% increase thanks to the negative pricing reaction we have observed in the Dollar Index. The 34-period exponential moving average (1.2615 region) is now a support in the parity. With this in mind, pricing can be monitored towards the 1.2782 and 1.2825 - 1.2875 barriers. We will be monitoring 1.2730-1.2665 in possible pullbacks. Support: 1.2580 Resistance: 1.2665