GBPUSD

The partial decline in the Classic Dollar Index and the thought of reaction buying in EURUSD and GBPUSD pairs are occupying the agenda. The fact that high-level data will occupy our agenda in the last two trading days of the week is important for the answer to the question of how willing / unwilling the index and pairs are to react. While US Growth will be our main focus today and PCE Inflation tomorrow, the question of whether there will be a change on the Fed side in the order of interest rate cuts by the ECB (June), BoE (August) and Fed (September) is important for the course of the index and pairs. In addition to the US Growth data today, the Unemployment Benefits Applications and Pending Home Sales data for March, which we reach the result of every week, can also be followed. The 1.2463 level can be followed in intraday downward movements. In case of falling below this level, the supports of 1.2456, 1.2447 and 1.2441 may become important. In possible increases, 1.2472, 1.2478 and 1.2487 will be monitored as resistance levels. Support: 1.2447 – 1.2441 Resistance: 1.2472 – 1.2478