USD was empowered after the ECB announcing the impossibility of the rate hike.
The support rests at 1.31960 with resistance at 1.32660 which both lines are below the weekly pivot point at 1.33930. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving in oversold area, the Stochastic is moving in low ranges and MACD line is below the signal line in the negative territory. The ADX is showing sell signal.
GBPUSD will continue its bearish trend towards 1.315.

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