The FOMC Meeting Minutes will be released today which is an influential event for GBPUSD.
The support rests at 1.31540 with resistance at 1.32300 which the weekly pivot point at 1.31630 is located in between the lines. The EMA of 10 is moving with bullish bias along the ascendant channel but it is below the EMA of 200 and the EMA of 100. The RSI is moving horizontally on the 50 level, the Stochastic is showing downward momentum and the MACD indicator is in neutral territory. The ADX is showing buy signals.
GBPUSD will continue its bullish trend towards 1.3250.

gbpusd analysis