Today is the first round of negotiations between London and Washington.
The support rests at 1.23510 with resistance at 1.24290 which both lines are below the weekly pivot point at 1.24990. The EMA of 10 is moving with bullish bias in the horizontal channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving below 50 level, the Stochastic is moving in high ranges and the MACD line is on the signal line in the neutral territory. The ADX is not showing any clear signals.
GBPUSD is fluctuating within the Bollinger bands. There is a possibility of price growth towards 1.24800.
