GBPUSD

GBPUSD pairs are following a profile that continues to adapt to their short-term positive outlook after the recent declines. Today, while we are following the November inflation data results from the UK, our main focus continues to be the US PCE Deflator on Friday. When we evaluate the GBPUSD pair in the short term, the 1.2520 - 1.2560 region where the 200-period average is located is important, and the pair may want to continue its upward trend above the relevant average. With this in mind, pricing can be monitored towards the 1.2730, 1.2782 and 1.2825 barriers. In the event of a possible reaction, the 200-period average is the main support, and as long as we do not observe a dramatic pricing, it continues positive. Support: 1.25650 Resistance: 1.27820