GBPUSD

At the beginning of the new week, the Belgian Prime Minister resigned as the far-right came to the fore in the elections held by the 27-country European Union for the European Parliament, while French President Macron announced that he was dissolving the National Assembly. The positive start of the new week for the Dollar Index and the pressure on the Euro drew attention on the first trading day. Although we started a new week with activity, it should not be forgotten that the main focus of the markets is the Fed Interest Rate Decision in the middle of the week, FOMC Economic Projections and Fed Chair Powell's speech. The 1.2719 level can be followed in intraday upward movements. If this level is exceeded, the resistances of 1.2729, 1.2741 and 1.2751 may become important. In possible pullbacks, 1.2707, 1.2697 and 1.2685 will be monitored as support levels. Support: 1.2707 - 1.2697 Resistance: 1.2719 - 1.2729