GBPUSD
Looking at the pricing that occurred after the press conference, it can be seen that the pair is under selling pressure. It can be said that there is no net upward potential in the pair, which has a positive correlation with EURUSD, due to the interest rate reduction policy. Considering that the pair is expected to trade within a horizontal band, and taking into account the continuation of the interest rate reduction policy by the Bank of England, it is anticipated that pricing will continue to follow an upward trend. In the pair, where pullbacks are expected to remain limited in light of Chairman Powell's statements, it appears appropriate to evaluate the indicated support levels for buying.
Support :
Resistance :