GBP has been empowered by UK’s preliminary gross domestic product.
The support rests at 1.29910 with resistance at 1.30220 which both lines are below the weekly pivot point at 1.30480. The EMA of 10 is moving horizontally in the descendant channel and it is above the EMA 100 and below the EMA of 200. The RSI is moving on 50 level and the Stochastic is showing downward momentum. The MACD line is above the signal line in the positive territory. The ADX is showing weak sell signal.
GBPUSD will be probably growing up towards 1.30500.