There are no major economic reports to bring volatility to GBPUSD however Halifax House Price Index and BOE Quarterly Bulletin data were released in the UK.
The support rests at 1.36410 with resistance at 1.38070. The weekly pivot point at 1.37970 is located in between the lines. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The Stochastic is moving in low ranges, the RSI is moving in oversold area and the ADX is showing sell signal. The MACD indicator is in negative territory.
The bearish pressure may push the price down towards 1.36200.
