UK’s final Markit services PMI grew and today there are no major economic reports.
The support rests at 1.29550 with resistance at 1.30120 which both lines are below the weekly pivot point at 1.31310. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 100 and the EMA of 200. The RSI is growing towards 50 level, the Stochastic is moving in low ranges and the MACD line is below the signal line in the negative territory. The ADX is showing sell signal.
GBPUSD may fall towards the lower Bollinger band at 1.29400.