GBPUSD
The indicators we explained as references for the Classic Dollar Index, the 34 and 100-day exponential moving averages (104.56 - 104.99 region), maintain their importance, while the index continues its positive outlook on the relevant indicators. This attitude keeps the idea of a possible journey towards the October 3, 2023 peak of 107 on the agenda, while persistence above the 105.75 level may strengthen this idea. Otherwise, pressure may occur again towards the indicators. It should not be forgotten that permanent movements below the averages are needed for our current scenario to be considered invalid. The daily gain for the parity, which closed at 1.2688 on the previous trading day, was 0.02%. The RSI indicator for the parity, which is below its 20-day moving average, is at 50.75, while its momentum is at 99.87. The 1.2665 level can be followed in intraday downward movements. In case of falling below this level, the supports of 1.2655 and 1.2642 may become important. In possible increases, 1.2698, 1.2708 and 1.2720 will be monitored as resistance levels. Support: 1.2665 – 1.2655 Resistance: 1.2698 – 1.2720