GBPUSD

The upcoming data from the US, including Unemployment Claims, the Philadelphia Fed Manufacturing Index, and Home Sales, could lead to volatility in the GBP/USD pair. The levels close to the peak seen in the Dollar Index continue to affect the pair's movements. Despite the dollar's strong trend, if the GBP/USD pair continues to stay below the 34-day average, the effects of new data regarding the US economy should be closely monitored. The ongoing interest rates and geopolitical risk factors in the US may also be decisive for the pair.

When examining the GBP/USD pair on the 1-hour chart, the levels of 1.2685 and 1.2725 stand out as resistance, while 1.26, 1.256, and 1.252 are observed as support. The pair has slightly declined, with a decrease of 0.013%, at the level of 1.26514. The RSI indicator provides a neutral signal, and there is very little change compared to yesterday's close, which may indicate that the pair is searching for direction in the short term.