GBPUSD

We are starting the new week with daylight saving time in the US. Thanks to this application, US data will be received at 3:30 PM Turkey time, and the stock market will begin trading at 4:30 PM. In Europe, the transition to daylight saving time is expected by the end of the month. Looking at the weekly calendar, JOLTS, February inflation, and Michigan consumer sentiment from the US are in the spotlight, along with ECB President Lagarde's speech and Germany's final CPI data. Additionally, industrial production in the Eurozone and growth data from the UK are also noteworthy.

Declines in the Dollar Index may create competition between short-term sellers and medium-term buyers. Ahead of the Fed decisions on April 19, Wednesday's CPI data is crucial for the inflation outlook following employment in the US. In the GBPUSD pair, the support zone between 1.2760 and 1.2810 supports short-term optimism. Sustained movements above 1.2945 could strengthen the desire for an upward trend.