GBPUSD

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GBPUSD

For the GBPUSD parity, today, stocks and agricultural commodities are closed in the US, and early closing will be observed in other instruments except for the parity. When we evaluate the GBPUSD parity in the short term, the 200-period average (1.2645) maintains its importance as the main support and the 34-period average (1.2732) as the intermediate support, while the parity may want to continue its rise on the relevant averages. With this in mind, pricing can be monitored towards the barriers of 1.2782, 1.2825 and 1.2875. In particular, the reaction to be given at the level of 1.2782 should be followed in the short term in answering the question of whether it is a reaction sale or a trend rally towards the channel upper point 1.2875. In terms of possible reaction, as long as we do not follow a sharp news flow regarding the weak Sterling strong Dollar theme, the averages continue to be support for the GBPUSD parity. Support: 1.26450 Resistance: 1.28250