GBPUSD

For GBPUSD, on the last business day of March, the US Personal Consumption Expenditures (PCE) Price Index, which is the Fed's preferred inflation indicator, will be announced today while the markets are closed. Since the data will come while the markets are closed, we think that the short-term volatility will be high since the volume will be low. It is observed that the parity is declining due to the appreciation of the dollar. The upward movement observed in the dollar index is pressuring the parity downward. The daily loss for the parity, which closed at 1.2623 on the previous trading day, was 0.00%. The RSI indicator for the parity, which is below its 20-day moving average, is at 42.15, while its momentum is at 98.63. The 1.2624 level can be followed in intraday upward movements. If this level is exceeded, the resistances of 1.2634, 1.2645 and 1.2654 may become important. In possible pullbacks, 1.2614, 1.2604 and 1.2594 will be followed as support levels. Support: 1.2604 – 1.2594 Resistance: 1.2645 – 1.2654