GBPUSD

11:17, 18 June

GBPUSD

GBPUSD

In the pair, whose economic data flow is calm, the number of 9 thousand new cases announced yesterday was recorded as the highest figure since February. It was announced by Health Minister Matt Hanckok that 96% of the new cases were Delta variants. In addition, according to the model, if the increase in the number of cases continues, it was stated that the probability of the third wave increases with young unvaccinated people in England.

With the continuation of the gains in the Dollar index after the FED decision, the selling pressure can be expected to increase below the 1.3890 level in the sterling, which completed the day with a 0.46% depreciation from the 1.3923 level. While the daily RSI14 indicator approaches the oversold level, 1.3960 is followed as the closest resistance level.

  • Resistance: 1.3960 – 1.4025 – 1.4120
  • Support: 1.3890 – 1.3805 – 1.3750