GBPUSD

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GBPUSD

We will reach the result of the US Federal Reserve's PCE inflation indicator data today. The most important development of the week will be the PCE Inflation, which will be followed closely. The Classic Dollar Index is following a process that is trying to exceed the upper region in the fluctuation between 105.00 - 103.90 before the data. Although the daily closing above the 34-day average supports the positive trend view, it has not been observed to be permanent above 105 yet. In this respect, today's PCE data can answer the question of whether it will confirm the positive trend above 105 or question the positive trend by approaching the 103.90 level. EURUSD and GBPUSD pairs may also want to clarify their short-term outlooks further depending on the movement in the index. The 1.0821 level can be followed in intraday upward movements. The 1.2724 level can be followed in intraday upward movements. If this level is exceeded, the 1.2732, 1.2748 and 1.2756 resistances may become important. In case of possible pullbacks, 1.2708, 1.2700 and 1.2684 will be monitored as support levels. May want to further clarify their short-term outlook Support: 1.2708 – 1.2700 Resistance: 1.2732 – 1.2748