The US employment data supported the USD and GBP went under pressure.
The pair is finding support at 1.34180 with resistance at 1.36220 which the weekly pivot point at 1.35990 is located in between the lines. The EMA of 10 is moving with bearish bias in the long term ascendant channel and it is above the EMA of 200 and the EMA of 100. The Stochastic is moving in low ranges. The RSI is moving below level 50 and the MACD is moving in negative territory. The ADX is showing sell signal.
Sellers can expect 1.34500 and the support level breakthrough can pave the way for further decline towards 1.35500.
