GBOUSD

The GBPUSD pair could not continue the short-term new trend under the uptrend channel and followed a scenario leading to a short-term trend change. When we evaluate the GBPUSD pair in the short term, the uptrend bottom point and the 34-period average (1.2720 - 1.2775 region) are important, but the pair may want to continue its rise on the relevant indicator. With this in mind, the levels of 1.2825, 1.2875 and 1.2930 occupy our agenda, and the question of whether the reaction the parity will give at 1.2825 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 1.2720 - 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 – 1.2720 Resistance: 1.2825 – 1.2875