GBPUSD will be under the influence of UK’s Halifax house prices index data.
The support rests at 1.30870 with resistance at 1.31790 which the weekly pivot point at 1.31380 is located in between the lines. The EMA of 10 is moving with bearish bias in the ascendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is moving on 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 buy signal.
It seems that GBPUSD will be fluctuating within the blue section.
