GBPUSD

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GBPUSD

For the GBPUSD pair, the decision phase of the Classic Dollar Index in an important region before the critical developments, the Growth and Industrial Production data from the UK will be important. When we evaluate the GBPUSD pair in the short term, despite the recent declines, the 200-period average of 1.2615 is important, but the pair may want to continue its upward trend above the relevant average. With this in mind, pricing can be monitored towards the barriers of 1.2735, 1.2782 and 1.2825. As long as we do not follow a sharp news flow regarding the weak Sterling strong Dollar theme in the possible reaction thought, the 200-period average continues to be the main support for the GBPUSD pair. In possible declines, it may come to the 1.2480 - 1.2440 region. Support: 1.26150 Resistance: 1.27820