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, we observed a recovery in the pair in parallel with the return in the reference indicators. The attitude of the pair, which reached the 34-period average (1.2691) with this recovery, during the day is important in terms of interpreting the short-term outlook. The 34-period average (1.2691) and the 200-period average (1.2650) can be explained as the areas we will follow during the day. In the parity, which is in the decision phase within the averages, permanent movements outside the averages (preferably 4-hour closing) are needed for clearer movements. Otherwise, a squeeze within the averages can be observed. Support: 1.25920 Resistance: 1.27820