GBP is under pressure due to British PM Theresa May’s decision regarding the Brexit vote in UK Parliament.
The support rests at 1.31860 with resistance at 1.32640 which both lines are above the weekly pivot point at 1.30880. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA 200 and below the EMA of 100. The RSI is moving in overbought area and the Stochastic is moving in high ranges. The MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
It seems that GBPUSD is going up dramatically within Andrews’ Pitchfork targeting 1.33000.