GBPUSD

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GBPUSD

This week, our main focus for the GBPUSD pair is the 3rd quarter Final Growth from the US and especially the PCE Deflator, the Final CPI from the Euro Zone, the CPI and the 3rd quarter Growth data from the UK. The 34-period exponential moving average (1.2648 region) is now a support for the pair. With this in mind, pricing can be monitored towards the 1.2730 and 1.2782 - 1.2825 barriers. We will be monitoring 1.2630- 1.2565 in possible pullbacks. Support: 1.2565 Resistance: 1.2782