GBPUSD

Today, the ECB Interest Rate Decision and President Lagarde Speech, and Friday's Nonfarm Payrolls and Average Hourly Earnings are important developments that global markets will follow closely. On Wednesday, June 12, first the US CPI, then the FOMC Economic Projections and the Fed Chair Powell speech will complete an important process in the critical data calendar, and we can obtain important clues on the road map until the end of the year. The daily gain for the parity, which closed at 1.2788 on the previous trading day, was 0.15%. The RSI indicator for the parity, which is below its 20-day moving average, is at 63.47, while its momentum is at 100.65. The 1.2780 level can be followed in intraday downward movements. If this level is dropped, the supports at 1.2764 and 1.2740 may become important. In possible increases, 1.2804, 1.2820 and 1.2844 will be monitored as resistance levels. Support: 1.2780 – 1.2764 Resistance: 1.2804 – 1.2820