GBPUSD

image

GBPUSD

In the new week dynamics, the Dollar Index's short-term reaction at 105.50 and the important economic developments of the week can be followed in terms of whether the Dollar Index will continue to be positive / EURUSD and GBPUSD parities will continue to be negative (the reference area for the Classic Dollar Index is positive above the 34 and 100-day averages (103.65 - 104.05 area). When we evaluate the week of April 15 - 19 from a macro perspective, the Retail Sales from the US, the CPI data from the UK and the speeches of the BoE and Fed Presidents and FOMC members are the most important developments that can fundamentally affect the course of the index and parities. When we focus on today, the Core Retail Sales data from the US can be followed. The 1.2456 level can be followed in intraday downward movements. In case of falling below this level, the supports at 1.2446, 1.2431 and 1.2420 may become important. In possible increases, 1.2471, 1.2481 and 1.2496 will be monitored as resistance levels. Support: 1.2446 - 1.2431 Resistance: 1.2481 - 1.2496