The PMI data in the service sector of the UK may support GBP against USD.
The support rests at 1.32970 with resistance at 1.33280 which the weekly pivot point at 1.33060 is located in between the lines. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving below the 50 level, the Stochastic is moving in low ranges and MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
Short positions are recommended towards 1.3255.

gbpusd