GBPUSD

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GBPUSD

In a week that is expected to be calm in terms of data, except for the speech of BoE Governor Bailey, which we will follow in order to understand the bank's future projections following the guidance of FOMC members and the decisions of the Bank of England, we observe that the Classic Dollar Index accepts the 34-day average as the bottom and keeps the expectation of reaching the 107 level tested in October 2023 on the table with its course above the 34 and 100-day averages (104.16 - 104.93 region). Therefore, EURUSD and GBPUSD parities are trying to create pricing behavior in the negative region by limiting their increases. The 1.2496 level can be followed in intraday upward movements. If this level is exceeded, the resistances of 1.2509, 1.2533 and 1.2546 may become important. In possible pullbacks, 1.2473, 1.2460 and 1.2436 will be monitored as support levels. Support: 1.2460 – 1.2436 Resistance: 1.2509 – 1.2533