GBPUSD

Global markets have stepped into a week filled with uncertainties created by trade wars. On the first trading day, stock indices and company performances drew attention, while a relative calm was observed in currency pairs. Ahead of the upcoming U.S. CPI data, the New York Fed's consumer inflation expectation rose to 3.1%, up from the previous month. This situation may have a significant impact on the markets.

In the currency market, the GBPUSD pair is finding support in the range of 1.2760 - 1.2810. Sustained movements above this level could gain momentum toward targets of 1.2900, 1.2945, and 1.2990. However, if it remains below these levels, there may be pressure toward the support area. Nevertheless, the main expectation remains positive above the 1.2570 - 1.2620 region.