GBPUSD remained on bullish momentum and today it’s got enough strength for outpowering USD.
The pair is finding support at 1.38710 with resistance at 1.39250 which the weekly pivot point at 1.38000 is located below the lines. The EMA of 10 is moving with bullish bias in the long term ascendant channel and it is above the EMA of 200 and the EMA of 100. The Stochastic is moving in high ranges. The RSI is moving in overbought area and the MACD is moving in positive territory. The ADX is showing buy signal.
Buyers can expect 1.39900.
