The UK manufacturing PMI data and the US ADP employment data are the most influential matters for GBPUSD.
The support rests at 1.32630 with resistance at 1.33160 which both lines are above the weekly pivot point at 1.31560. The EMA of 10 is moving with bullish bias along the ascendant channel and it is below the EMA of 200 and above the EMA of 100. The RSI is moving in overbought area, the Stochastic is moving in high ranges and MACD indicator is in positive territory. The ADX is showing buy signals.
Long positions are recommended towards 1.339.

gbpusd analysis