According to the UK data, the import and export rate has fallen in January due to pandemic.
The support rests at 1.38850 with resistance at 1.39720. The weekly pivot point at 1.39080 is located in between the lines. The EMA of 10 is moving horizontally in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The Stochastic is showing upward momentum, the RSI is moving on level 50 and the ADX is not showing any clear signals. The MACD indicator is in negative territory.
GBPUSD is trying to grow towards the upper Bollinger band at 1.40000.