GBPUSD

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GBPUSD

For the GBPUSD parity, today's employment market data from the UK, the Manufacturing Index from the US and the speech of FOMC member Waller can be explained as developments to be noted. When we evaluate the GBPUSD parity in the short term, the 200-period average (1.2649) maintains its importance as the main support and the 34-period average (1.2725) as the intermediate support, while the parity may want to continue its rise on the relevant averages. 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 level of 1.2782 should be followed in the short term in answering the question of whether it is a reaction sale or a trend rally towards the channel upper point of 1.2875. In terms of possible reaction, as long as we do not follow a sharp news flow regarding the theme of weak Sterling and strong Dollar, the averages continue to be support for the GBPUSD parity. Support: 1.26450 Resistance: 1.28250