As the UK and Euro are agreeing on the deal, GBP is getting empowered.
The support rests at 1.28660 with resistance at 1.29610 which the weekly pivot point at 1.28860 is located in between the lines. The EMA of 10 is moving horizontally in the ascendant channel and it is below the EMA of 200 and above the EMA of 100. The RSI is moving on level 50, the Stochastic is showing downward momentum and the MACD line is below the signal line in the negative territory. The ADX is showing buy signal.
GBPUSD is growing towards 1.2980.
