ANALYSIS
NQ100 Finds Support from PPIApr 14
GBPUSD:The Parity Keeps Its Upward Movements
With the reduction of political uncertainty in the UK Cabinet, we see that the pressure on pound assets has decreased. In addition, there is also support for the easing in the dollar, with the expectations that the FED will slow down the aggressive tightening speed with the recession concerns. From this point of view, on the second trading day of the week, the parity, which maintains its buyers’ appearance on the rising trend, can gain value up to 1.2320 resistance if it can be reached above the 1.2265 level with permanent closes. 1.2155 is in a critical position.
