ANALYSIS
NQ100 Finds Support from PPIApr 14
GBPUSD Maintains Its Upward Potential
Refreshing its 2023 peak after the downward decline in the dollar index, the currency pair continues to move within the upward channel. Although there are limited decreases, it will be possible to test the 1.2560 level in the parity, which will maintain its upward momentum as long as we stay above the 1.2430 – 1.2410 support range. On the other hand, 1.2345 support, which is indicated by the lower band of the upward channel, may become a target in the possible pressures.
