Sterlin, Per\u015fembe g\u00fcn\u00fc zay\u0131f \u0130ngiltere verilerine ra\u011fmen g\u00fc\u00e7l\u00fc kald\u0131. Bile\u015fik PMI (sat\u0131n alma y\u00f6neticileri endeksi; \u015firketlerin \u00fcretim ve hizmet faaliyetini \u00f6l\u00e7en \u00f6nc\u00fc g\u00f6sterge) 51\u2019in \u00fczeri beklentiye kar\u015f\u0131 40\u2019lar\u0131n \u00fcst\u00fcne geriledi. Hizmet PMI daralma b\u00f6lgesine (50\u2019nin alt\u0131: faaliyet k\u00fc\u00e7\u00fcl\u00fcr) ge\u00e7ti. \u0130malat PMI ise beklentiyi a\u015fan tek kalem oldu.<\/p>\n
GfK t\u00fcketici g\u00fcveni de (hanehalk\u0131n\u0131n ekonomiye bak\u0131\u015f\u0131n\u0131 izleyen anket) daha da d\u00fc\u015ft\u00fc. Ayn\u0131 zamanda \u0130ngiltere Merkez Bankas\u0131 (BoE) Para Politikas\u0131 Kurulu\u2019ndan (MPC; faiz karar\u0131n\u0131 alan kurul) bir \u00fcye \u201c\u015fahin\u201d (faizlerin y\u00fcksek kalmas\u0131n\u0131 savunan) a\u00e7\u0131klamalar yapt\u0131. Ba\u015fkan Bailey\u2019in konu\u015fmas\u0131n\u0131n ise piyasaya etkisi s\u0131n\u0131rl\u0131 kald\u0131.<\/p>\n
Sterlindeki daha sakin g\u00f6r\u00fcn\u00fcm, ABD Dolar\u0131\u2019ndaki zay\u0131fl\u0131kla ba\u011flant\u0131l\u0131yd\u0131. ABD-\u0130ran aras\u0131nda yak\u0131n bir ate\u015fkes olaca\u011f\u0131 s\u00f6ylentileri risk i\u015ftah\u0131n\u0131 (yat\u0131r\u0131mc\u0131lar\u0131n riskli varl\u0131klara y\u00f6nelme e\u011filimi) art\u0131rd\u0131, Dolar\u2019\u0131 d\u00fc\u015f\u00fcrd\u00fc ve Sterlin\u2019i g\u00fcn i\u00e7i dip seviyesinden toparlad\u0131. Ancak s\u00f6ylenti daha sonra etkisini kaybetti.<\/p>\n
\u0130ran, H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019nda ge\u00e7i\u015f \u00fccreti uygulama aray\u0131\u015f\u0131ndayd\u0131 ve n\u00fckleer malzemeyi g\u00f6r\u00fc\u015fmeye yana\u015fm\u0131yordu; bu ba\u015fl\u0131klar Washington i\u00e7in temel anla\u015fmazl\u0131k noktalar\u0131 olmaya devam etti. Dolar\u2019daki bu hareket olmasayd\u0131, Sterlin\u2019i i\u00e7eriden destekleyecek g\u00fc\u00e7l\u00fc bir unsur g\u00f6r\u00fcnm\u00fcyordu.<\/p>\n
\u0130ngiltere\u2019de Nisan perakende sat\u0131\u015flar\u0131 Cuma g\u00fcn\u00fc a\u00e7\u0131klanacak. Piyasa beklentisi, ayl\u0131k bazda %0,6 d\u00fc\u015f\u00fc\u015f (\u00f6nceki: %0,7 art\u0131\u015f) ve y\u0131ll\u0131k bazda %1,3 art\u0131\u015f y\u00f6n\u00fcnde. Gelecek hafta Per\u015fembe g\u00fcn\u00fc BoE konu\u015fmas\u0131 ve ayn\u0131 g\u00fcn ABD \u00e7ekirdek PCE enflasyonu (g\u0131da ve enerjiyi hari\u00e7 tutan, Fed\u2019in yak\u0131ndan izledi\u011fi enflasyon g\u00f6stergesi) \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n
Teknik g\u00f6r\u00fcn\u00fcmde GBP\/USD, 200 g\u00fcnl\u00fck EMA (\u00fcstel hareketli ortalama; son fiyatlara daha fazla a\u011f\u0131rl\u0131k veren trend g\u00f6stergesi) olan 1,3400 civar\u0131 ile 50 g\u00fcnl\u00fck EMA olan 1,3450 civar\u0131 aras\u0131nda seyretti. Destek 1,3400 ard\u0131ndan 1,3350; diren\u00e7 1,3450 ve 1,3500 seviyelerinde.<\/p>\n
May\u0131s 2026 i\u00e7in \u00f6nc\u00fc (flash; ay bitmeden yay\u0131mlanan ilk tahmin) Bile\u015fik PMI 49,2 ile zay\u0131f geldi; piyasalar 50,5\u2019in \u00fczerinde bekliyordu. GfK t\u00fcketici g\u00fcven endeksi de son d\u00f6nemde -20 ile alt\u0131 ay\u0131n dibini g\u00f6rd\u00fc. Bu tablo, \u0130ngiltere ekonomisi i\u00e7in k\u0131r\u0131lgan bir g\u00f6r\u00fcn\u00fcme i\u015faret ediyor.<\/p>\n
Zay\u0131f veriler, BoE i\u00e7in zor bir zemin olu\u015fturuyor. Enflasyon h\u00e2l\u00e2 hedefin \u00fczerinde ve %3,1 seviyesinde. Ge\u00e7en hafta bir karar vericiden \u201c\u015fahin\u201d tonda a\u00e7\u0131klamalar gelirken, bu durum BoE\u2019yi ikileme itiyor: Enflasyona kar\u015f\u0131 sert duru\u015f mesaj\u0131 verirken ekonomi yava\u015fl\u0131yor.<\/p>\n
\u015eimdilik Sterlin, ABD perakende sat\u0131\u015flar\u0131n\u0131n beklentiden zay\u0131f gelmesiyle Dolar\u2019daki k\u0131sa vadeli geri \u00e7ekilmeden destek buluyor. Bu d\u0131\u015f destek, Sterlin\u2019in kendi k\u0131r\u0131lganl\u0131\u011f\u0131n\u0131 bir s\u00fcre perdeleyebilir. Dolar deste\u011fi zay\u0131flarsa, Sterlin\u2019in temel g\u00f6stergelere (ekonomik g\u00f6r\u00fcn\u00fcm, faiz beklentileri) g\u00f6re daha a\u015fa\u011f\u0131da fiyatlanmas\u0131 olas\u0131.<\/p>\n
\u00d6n\u00fcm\u00fczdeki hafta ABD \u00e7ekirdek PCE verisi Dolar i\u00e7in kritik olacak. Y\u00fcksek (beklentiyi a\u015fan) bir ABD enflasyon verisi, Dolar\u2019daki zay\u0131fl\u0131\u011f\u0131 tersine \u00e7evirebilir ve Sterlin \u00fczerinde a\u015fa\u011f\u0131 y\u00f6nl\u00fc bask\u0131y\u0131 art\u0131rabilir. \u0130ngiltere\u2019nin enflasyon verisi de \u00f6nemli; y\u00fcksek bir okuma, BoE\u2019nin karar ikilemini b\u00fcy\u00fct\u00fcr.<\/p>\n
Bu ko\u015fullarda Sterlin\u2019de zay\u0131flama senaryosu i\u00e7in stratejiler g\u00fcndeme gelebilir. \u00d6zellikle 1,2500 civar\u0131ndaki teknik deste\u011fin k\u0131r\u0131lmas\u0131 halinde, 1,2450 kullan\u0131m fiyatl\u0131 (strike; opsiyonun al\u0131m-sat\u0131m hakk\u0131 verdi\u011fi seviye) sat\u0131m opsiyonu (put; kur d\u00fc\u015f\u00fc\u015f\u00fcne kar\u015f\u0131 koruma veya d\u00fc\u015f\u00fc\u015f beklentisiyle kullan\u0131lan opsiyon) almak, risk-kazan\u00e7 a\u00e7\u0131s\u0131ndan anlaml\u0131 olabilir. Sterlin\u2019in 1,2620 direnci alt\u0131nda s\u0131k\u0131\u015ft\u0131\u011f\u0131 g\u00f6r\u00fcl\u00fcyor; Dolar yeniden g\u00fc\u00e7 kazan\u0131rsa d\u00fc\u015f\u00fc\u015f e\u011filimi \u00f6ne \u00e7\u0131kabilir.<\/p>\n","protected":false},"excerpt":{"rendered":"
Sterlin, zay\u0131f PMI ve d\u00fc\u015fen GfK\u2019ya ra\u011fmen dolar zay\u0131fl\u0131\u011f\u0131yla dayan\u0131kl\u0131: GBP\/USD 1,3400-1,3450 band\u0131nda. BoE \u015fahin mesajlarla ikilemde; ABD \u00e7ekirdek PCE dolar\u0131 g\u00fc\u00e7lendirirse sterlinde d\u00fc\u015f\u00fc\u015f, opsiyon stratejileri g\u00fcndemde.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-47239","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/47239","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=47239"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/47239\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=47239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=47239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=47239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}