UK’s Rightmove House Price Index Rose but today there are no major economic reports.
The support rests at 1.30670 with resistance at 1.31120 which the weekly pivot point at 1.30770 is located in between the lines. The EMA of 10 is moving with bullish bias in the descendant channel and it is below the EMA 100 and the EMA of 200. The RSI is moving on 50 level and the Stochastic is moving in middle ranges. The MACD line is above the signal line in the positive territory. The ADX is showing weak buy signal.
The chart is creating a symmetrical triangle. The resistance level breakout may push the price up towards 1.31500; otherwise GBPUSD may continue its bearish trend towards 1.30400.