GBPUSD

For GBPUSD On the first trading day of the week, we observed that the Classic Dollar Index continued its upward trend above the 34-day average, and the theme of strong Dollar, weak Euro and Sterling was at the forefront. The idea that the index will continue its positive reaction in both the short and medium term may cause the EURUSD and GBPUSD parity to exhibit a more willing profile in negative pricing behavior in the second quarter of the year. In today's busy calendar, Manufacturing PMI and CPI from Germany, JOLTS data from the US and the speeches of FOMC members Bowman, Williams, Mester and Daly should be followed carefully. The 1.2547 level can be followed in intraday upward movements. If this level is exceeded, the resistances of 1.2553, 1.2563 and 1.2569 may become important. In possible pullbacks, 1.2537, 1.2531 and 1.2521 will be monitored as support levels. Support: 1.2531 – 1.2521 Resistance: 1.2563 – 1.2569