ANALYSIS
NQ100 Finds Support from PPIApr 14
GBPUSD:The Parity is Trying to Recover the Losses
We see that the parity is trying to recover as a result of the full pricing in pound-denominated assets due to the events in the British Cabinet and the moderate easing in the dollar. Technically speaking, the level of 1.2280 is in a critical position in GBPUSD parity, which confirms the trend change on the first trading day of the week and maintains its recovery path. In case this is surpassed by permanent closes, 1.2330 resistance can be considered. In the possible downside scenario, 1.2175 and 1.2125 supports can be followed.
