GBPUSD

image

GBPUSD

For GBPUSD, despite the optimism in the ADP Private Sector Employment data, we observed pressure on the Classic Dollar index with the ISM Services PMI data result that remained below expectations in the US. We will be following the news flows today and tomorrow regarding how long DXY, which draws attention with the reaction thought it started from the 105 barrier, will continue its current reaction. The pressure on the index brought significant increases in the GBPUSD parity and entered into trend questioning. Today, Unemployment Benefits Applications and FOMC members' speeches, and tomorrow, Non-Farm Employment and Average Hourly Earnings data results should be followed. . The 1.2652 level can be followed in intraday downward movements. In case of falling below this level, the supports of 1.2647, 1.2639 and 1.2634 may become important. In possible increases, 1.2660, 1.2665 and 1.2673 will be followed as resistance levels. Support: 1.2639 – 1.2634 Resistance: 1.2665 – 1.2673