The Brexit issue still influences GBPUSD and today the US will release the CPI data and retail sales data.
The support rests at 1.32610 with resistance at 1.33940 which both lines are above the weekly pivot point at 1.31630. 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 in overbought area, the Stochastic is showing upward momentum and MACD indicator is in positive territory. The ADX is showing buy signals.
Long positions are recommended towards 1.34.

gbpusd analysis