Despite the empty calendar yesterday GBPUSD is on bullish trend. Bank of England Governor delivered a speech yesterday but it had no influence on the pair.
The pair is finding support at 1.38070 with resistance at 1.38820 which the weekly pivot point at 1.36870 is located below the lines. The EMA of 10 is moving with bullish bias in the long term ascendant channel and it is above the EMA of 200 and the EMA of 100. The Stochastic is showing downward momentum. The RSI is moving in overbought area and the MACD is moving in neutral territory. The ADX is showing buy signal.
The gradual price growth continues towards 1.39000.