The UK will release Claimant Count Change, Claimant Count Rate and Average Earnings Index.
The support rests at 1.23210 with resistance at 1.24070 which both lines are above the weekly pivot point at 1.22010. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA 200 and the EMA of 100. The RSI is moving in overbought area and the Stochastic is moving in high ranges. The MACD line is on the signal line in the neutral territory. The ADX is showing buy signal.
The support level breakthrough will confirm the price decline towards the lower Bollinger band at 1.22400; otherwise GBPUSD will continue its growth.

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