USD has been empowered by the Non-Farm Payrolls and Unemployment Rate data but it did not influence GBPUSD much.
The support rests at 1.37710 with resistance at 1.38830. The weekly pivot point at 1.37970 is located in between the lines. The EMA of 10 is moving with bullish bias in the horizontal channel and it is above the EMA of 200 and the EMA of 100. The Stochastic is showing upward momentum, the RSI is moving in overbought area and the ADX is showing buy signal. The MACD indicator is in positive territory.
The resistance level breakout will push the price up towards 1.39000.
