GBPUSD

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GBPUSD

The Classic Dollar Index, which was under pressure from the 106.25 level, caused GBPUSD to create a reaction idea within the trend. Since the reaction pricing that occurred will be interpreted as a correction within the main trend, it should not be expected to create a change in asset outlooks. The 107 level tested in October 2023 on the 34 and 100-day averages (103.82 - 104.32 region) of the Classic Dollar Index should be monitored. The 105.55 level can also be monitored to answer the question of whether the reaction is complete or continuing. In terms of basic terms, today's US Unemployment Benefits Applications, Philadelphia Fed Manufacturing Index and Existing Home Sales data and the speech of FOMC Members Bowman, Williams and Bostic can be followed. The 1.2463 level can be followed in intraday downward movements. If this level is dropped, the supports at 1.2454, 1.2438 and 1.2429 may become important. In possible increases, 1.2479, 1.2488 and 1.2504 will be monitored as resistance levels. Support: 1.2438 - 1.2429 Resistance: 1.2479 - 1.2488