UK’s construction PMI declined unexpectedly.
The support rests at 1.30880 with resistance at 1.32580 which the weekly pivot point at 1.30380 is located in between the lines. The EMA of 10 is moving with bullish bias in the descendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is rising towards overbought area, the Stochastic is showing upward momentum and the MACD line is below the signal line in the negative territory. The ADX is showing buy signal.
GBPUSD may grow towards 1.32800.