ANALYSIS
NQ100 Finds Support from PPIApr 14
Weight is Maintained in GBPUSD
In recent days, the mobility in the UK markets has decreased somewhat. The pound rebounded somewhat after new Finance Minister Jeremy Hunt had announced a step back in the $45 billion mini-budget package. But British Prime Minister Liz Truss' respecifying that she prioritizes growth, not high inflation in the country, is preventing the pound from heading for a permanent recovery path. In addition, according to the Office for National Statistics (ONS), the fact that the consumer price index (CPI) in the UK rose to 10.1% on an annual basis in September, updating the peak of 40 years, has a downward effect on the parity. In addition, according to the Office for National Statistics (ONS), the fact that the consumer price index (CPI) in the UK rose to 10.1% on an annual basis in September, updating the peak of 40 years, has a downward effect on the parity. Technically speaking, if the GBPUSD parity, which defends the downward trend, can break the 1.1100 level permanently, it is likely to continue its declines until the 1.0965 support. In upside attractions that may occur, 1.1350 and 1.1475 resistances can be followed.
