GBPUSD

We are in the middle of the week for GBPUSD. Although the Classic Dollar Index continues its upward trend above the 34-day average, the pressure it received at 104.85 yesterday caused a reaction purchase in EURUSD and GBPUSD pairs. Whether this reaction changes the expectation of a short-term negative outlook for the pairs, macro-economic developments in the remaining days of the week should be followed carefully. Our main focus will be on Friday's Non-Farm Payrolls data. Today, the CPI from the Euro Zone, the ADP Non-Farm Payrolls Change from the US and the ISM Non-Manufacturing PMI data as well as the speeches of Fed Chair Powell and FOMC members Bostic, Bowman, Barr, Goolsbee should be followed carefully. The 1.2577 level can be followed in intraday downward movements. If this level is dropped, the supports at 1.2569, 1.2560 and 1.2552 may become important. In possible increases, 1.2586, 1.2594 and 1.2603 will be monitored as resistance levels. Support: 1.2560 - 1.2552 Resistance: 1.2594 - 1.2603