GBPUSD

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GBPUSD

The decisions of the ECB on June 6, the Fed on June 12 and the BoE on June 20 are quite important in determining the roadmap of global markets in the summer period. The uncertainty that has emerged especially on the Fed side creates different changes in asset pricing behaviors. CPI from Germany and the Eurozone, Growth from the USA, Conference Board (CB) Consumer Confidence, FOMC members / Fed officials' speeches and the Fed Inflation indicator PCE (Personal Consumption Expenditures / Spending) should be followed carefully. Today, Conference Board (CB) Consumer Confidence and FOMC members' speeches can be explained as intraday developments. The 1.2770 level can be followed in intraday downward movements. If this level is dropped below, the supports of 1.2761 and 1.2754 1.2730 may become important. In possible increases, 1.2786, 1.2793 and 1.2802 will be followed as resistance levels. Support: 1.2761 – 1.2754 Resistance: 1.2786 – 1.2793