GBP was weakened due to UK’s GDP.
The support rests at 1.25190 with resistance at 1.25530 which both lines are above the weekly pivot point at 1.25120. The EMA of 10 is moving with bullish bias along the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving horizontally above the 50 level, the Stochastic is moving in high ranges and MACD indicator is in negative territory. The ADX is showing buy signals.
It seems that GBPUSD will continue its bullish trend targeting 1.2600.

gbpusd analysis