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 1.2653 - 1.2675 region where the 200-period average is located is important, and the pair may want to continue its rise above the relevant region. With this in mind, the 1.2775 and 1.2825 levels occupy our agenda, and the question of whether the reaction the parity will give at the 1.2825 peak will be a reaction sale or a trend rally should also be followed. In the event of a possible reaction sale, it should not be forgotten that while the average is the main support, permanent movements below the 1.2653 - 1.2675 region are needed for the pressure to invalidate our current scenario. However, under this condition, the 1.2520 bottom point may occupy our agenda. Support: 1.2675 – 1.2653 Resistance: 1.2775 – 1.2825