GBPUSD

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GBPUSD

When we evaluate a new week for the GBPUSD parity, the PMI data for the Manufacturing and Services sector, as well as the Eurozone CPI and US Non-Farm Employment can be explained as developments of high importance in the calendar. 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 barriers of 1.2782, 1.2825 and 1.2875. In particular, the reaction to be given at the trend top level of 1.2875 should be monitored. In the possible reaction idea, 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: 1.26900 Resistance: 1.28750