GBPUSD

The Bank of England (BoE), which announced that it would implement four interest rate cuts within 2025, skipped the interest rate cut in its latest decision. Due to the expectation that interest rate cuts will continue, it is anticipated that increases in the parity may be limited. Following intraday pullbacks, support levels are at 1.2925 - 1.2889, while resistance levels during reaction purchases are at 1.2970 - 1.3005. It is deemed inappropriate to take positions in the buying direction in the parity, and it is considered suitable to carry out transactions close to the resistance levels.