GBPUSD

In the first week of June, we will meet critical data such as the monetary policy decisions of central banks such as the ECB and BoC, the Purchasing Managers Index (PMI) for the Services and Manufacturing sectors from China, the Eurozone, the UK and the US, ADP Private Sector and JOLTS employment developments, and finally Nonfarm Payrolls and Average Hourly Earnings. For this reason, we will have a quick start to a critical month for financial assets. When we focus on today, we will focus on the Purchasing Managers Index, or Manufacturing PMI, for the Manufacturing sector. The ISM Manufacturing PMI data, which we will reach in the second half of the day, may have an impact on the Dollar Index and parities in the instant outlook. The 1.2746 level can be followed in intraday upward movements. If this level is exceeded, the resistances of 1.2756 and 1.2776 may become important. In possible pullbacks, 1.2726 and 1.2716 will be monitored as support levels. Support: 1.2726 – 1.2716 Resistance: 1.2756 – 1.2776