GBPUSD

We have started a new week. When we evaluate the week in general, the most followed developments of the week can be explained as the PMI data, which is the leading indicator of growth, as well as the speech of FOMC members (Bostic, Barr, Waller, Jefferson, Mester, Barkin, Williams), US Treasury Secretary, ECB President Lagarde and BoE President Bailey, and the minutes of the FOMC meeting on May 1. When we focus on today, the speech of FOMC members Bostic, Barr, Waller, Jefferson and Mester should be followed closely in terms of the course of the index and parities. The RSI indicator for the exchange rate, which is below its 20-day moving average, is at 64.92, while its momentum is at 101.39. The 1.2705 level can be followed in intraday downward movements. In case of falling below this level, the supports of 1.2698, 1.2687 and 1.2680 may become important. In possible increases, 1.2715, 1.2722 and 1.2733 will be monitored as resistance levels. Support: 1.2698 - 1.2687 Resistance: 1.2715 - 1.2722