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 1.2763 - 1.2775 region, which also includes the 34-period average, is important, and the pair may want to continue its rise above the relevant region. With this in mind, the levels of 1.2875, 1.2930 and 1.2980 occupy our agenda, and the question of whether the reaction the parity will give at 1.2875 will be a reaction sale or a trend rally should also be followed. In the event of a possible reaction sale, the 1.2720 level is the main support, but it should not be forgotten that permanent movements below the 1.2763 - 1.2775 region are needed for the pressure to invalidate our current scenario. However, under this condition, the 1.2605 bottom point may occupy our agenda. Support: 1.2775 – 1.2763 Resistance: 1.2875 – 1.2930