The British Pound stopped from rising due to several factors like yesterday’s U.S. inflation report. On the 4H time frame this pair stays in uptrend territory. So, a long position is recommended.
The support rests at 1.40570 with resistance at 1.40770. The pivot point at 1.40670 is located above the price lines. The EMA of 10 is moving with bearish bias in the decadent channel and it is above EMA of 200 and the EMA of 100. Stochastic is moving under the level of 20 and generated a crossover buy signal. The RSI is moving at the level of 50 and the ADX is moving horizontally and not showing a clear signal. The MACD histogram is in negative territory.

• There is resistance at 1.40770, followed by resistance at 1.40870 and 1.40970.
• There is support at 1.40570. Below, there is 1.40470 and 1.40370.