Market sentiments are mixed are GBP has been staying almost still.
The support rests at 1.21730 with resistance at 1.23010 which both lines are below the weekly pivot point at 1.2317. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and above the EMA of 100. The RSI is rising 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 not showing any clear signals.
GBPUSD is trying to consolidate within the colored area. It may grow towards 1.24500.
