GBPUSD

The most important developments of this week are the US 2nd Quarter Growth (First Reading) on Thursday, and the Fed's Inflation indicator PCE, German Manufacturing PMI, US and UK Services PMI on Friday, while the markets carried 3 discounts to the pricing area for the Fed, the Fed itself shared its idea of 1 discount in its projections. In this respect, we will closely examine the news to come until the meeting time. If we return to today's calendar, the Second-Hand Home Sales data from the US can be followed. The daily loss for the parity, which closed at 1.2930 on the previous trading day, was 0.02%. The RSI indicator for the parity, which is below its 20-day moving average, is at 61.85, while its momentum is at 101.03. The 1.2936 level can be followed in intraday upward movements. If this level is exceeded, the 1.2942 and 1.2948 resistances may become important. In case of possible pullbacks, 1.2918 and 1.2902 will be monitored as support levels. Support: 1.2918 – 1.2902 Resistance: 1.2936 – 1.2942