GBPUSD

The GBPUSD pair could not continue the short-term new trend under the rising channel and followed a scenario leading to a short-term trend change. When we evaluate the GBPUSD pair in the short term, the pricing we observed first under the 34-period average (1.2696) and then under the 200-period average (1.2648) highlighted the expectation that the positive trend for the pair would end. Important developments during the day and the attitude of the Dollar Index are important for the answer to the question of whether the pair really changed its trend. In this process, although the current averages maintain their importance, if the parity continues to remain below the averages, the possibility that the pressure could continue up to the 1.2480 support may occupy our agenda. Here, the intermediate support at 1.2615 can also be followed to answer the question of whether it is a negative rally or a reaction towards the ending trend zone. Support: 1.24800 Resistance: 1.26960