GBPUSD

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GBPUSD

The most important data of the week for the GBPUSD pair will be the PCE Deflator data from the US. Since it is an indicator that the Fed closely follows, the instant pricing reaction may occupy our agenda. In the UK, the 3rd quarter growth data can be followed for the GBPUSD pair before the US PCE data. When we evaluate the GBPUSD pair in the short term, the 1.2545 - 1.2560 region where the 200-period average is located is important, but the pair may want to continue its upward trend above the relevant average. With this in mind, pricing can be monitored towards the barriers of 1.2730, 1.2722 and 1.2825, and in case of pressure, it may focus on the reaction idea above 1.2650. Support: 1.25650 Resistance: 1.27300