GBPUSD

The GBP/USD pair continues to find direction this week with announcements from central banks such as the ECB and the Fed. Following the US GDP and ECB decisions announced yesterday, today markets will be focusing on the Fed's PCE data, which is an inflation indicator. The Dollar Index's stance on short-term indicators could play a decisive role on the pair. If the dollar exhibits a strong outlook, there could be pressure on the Sterling. In this environment of uncertainty, investors will be closely watching the data to be released for the rest of the week.

From a technical perspective, the GBP/USD pair is in a decision phase, moving between levels of 1.2395 and 1.2480. On the chart, the levels of 1.2395, 1.236, and 1.2315 can be monitored as support, while upwards movements face resistance at 1.244, 1.248, and 1.25225. The RSI indicator shows a neutral outlook close to the 50 level, suggesting that significant resistance or support levels need to be broken for the pair to establish a direction. Compared to the previous day, there is a 0.01% change observed in the pair.