The NFP data supported USD on Friday and today there are no major economic reports to influence GBPUSD.
The support rests at 1.40700 with resistance at 1.41490 which the weekly pivot point at 1.41240 is located in between the lines. The EMA of 10 is moving with bearish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is falling towards the oversold area, the Stochastic is moving in low ranges and MACD line is below the signal line in the negative territory. The ADX is showing sell signal.
Pullbacks can drag the price down towards 1.40 but it will rise towards 1.43 eventually.

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