Today MPC Member Andy Haldane Speaks in the UK. GBPUSD has been growing towards the level of 1.32000 which is the key technical resistance.
GBPUSD is finding support on 1.31090 with resistance at 1.32010 which both lines are above the weekly pivot point at 1.30600. The pair has been growing since last week. The EMA of 10 is moving in bullish bias along the ascendant channel and it is above the EMA of 100 and 200. All indicators are showing strong bullish signals but the signal is not clear for ADX.
While considering pullbacks, GBPUSD is targeting 1.3200.