The UK Prelim GDP data came out worse than expected.
The support rests at 1.28160 with resistance at 1.19010 which the weekly pivot point at 1.28300 is located in between the lines. The EMA of 10 is moving horizontally in the horizontal channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving on 50 level, the Stochastic is moving in middle ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
GBPUSD will be fluctuating within the Bollinger bands.