GBPUSD

While looking for an answer to the question of whether the GBPUSD parity will be able to end its long-term negative outlook, especially in the new year, the 1.2900 level is important for the GBPUSD and we will be following the monthly closings it will make towards the relevant levels. When we evaluate the GBPUSD parity in the short term, the 1.2725 region where the 34-period average is located is important, and the parity may want to continue its upward trend above the relevant average. With this in mind, pricing can be monitored towards the 1.2782, 1.2825 and 1.2875 barriers. The reaction to be given at the trend top level of 1.2875 should be followed in particular. In thinking about a possible reaction, it should not be forgotten that the 34-period average is an intermediate support, but even if the declines continue, the 200-period average (1.2590) will continue to be the main support. Support: 1.27300 Resistance: 1.28750