GBPUSD

GBPUSD

When we focus on this week, PMI on the Growth front, Nonfarm Payrolls on the Employment front, Fed and ECB Meeting Minutes on the Central Bank front and the speeches of Fed and ECB Presidents can be explained as our main focus. When we focus on today, ECB President Lagarde's speech from the Euro Zone, CPI and Manufacturing PMI from Germany, ISM Manufacturing PMI from the US can be followed due to possible price effects. The daily gain for the parity, which closed at 1.2655 on the previous trading day, was 0.08%. The RSI indicator for the parity, which is below its 20-day moving average, is at 46.30, while its momentum is at 99.17. The 1.2666 level can be followed in intraday upward movements. If this level is exceeded, the 1.2676 and 1.2686 resistances may become important. In possible pullbacks, 1.2645, 1.2635 and 1.2625 will be monitored as support levels. Support: 1.2645 – 1.2635 Resistance: 1.2666 – 1.2676