UK’s inflation rate declined to its lowest level in the recent years.
The support rests at 1.30290 with resistance at 1.30860 which both lines are below the weekly pivot point at 1.30960. The EMA of 10 is moving with bullish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving on 50 level, the Stochastic is moving in high ranges and the MACD line is above the signal line in the negative territory. The ADX is not showing any clear signals.
GBPUSD is growing towards 1.31100.