GBPUSD
The GBP/USD pair is moving with the official start of the presidential process in the U.S. and Trump's announcements regarding artificial intelligence investments. In particular, the thought of introducing a 10% tariff on China in addition to the tariff applications towards Canada and Mexico stands out as a significant development affecting the pair. During this process, China's efforts to get closer to Russia and statements by European Commission President Ursula von der Leyen on maintaining global trade are also factors to watch. Depending on the general course of the Dollar Index, significant developments may occur in the movements of the GBP/USD pair.
Technically, the GBP/USD pair is located near the 1.2360 resistance level, and its reaction at this level could be decisive for the direction of the pair. In the case of an upward movement, the levels of 1.2400 and 1.2440 can be followed as resistance. In the event of a downward movement, the levels of 1.2315, 1.2270, and 1.2230 are monitored as support. The RSI indicator is at 48, presenting a neutral appearance. It is observed that the pair has experienced a daily decrease of 0.13%. In light of this information, the movement at the 1.2360 level should be monitored.
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