PMI Manufacturing and Nationwide House Price Index data were released in the UK. The uncertainty over the trade deal with EU brings more pressure on pound.
The pair is finding support at 1.33500 with resistance at 1.34170 which both lines are above the weekly pivot point at 1.33240. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 100 and 200. The Stochastic is moving in middle ranges. The RSI is moving on level 50 and the MACD is moving in negative territory. The ADX is showing weak buy signal.
The support level breakthrough will confirm the bearish trend towards 1.32800; otherwise, GBPUSD will continue its growth towards 1.34500.
