The UK published BoE Credit Conditions Survey and the US will release Unemployment Claims, Continuing Claims and Building Permits.
The support rests at 1.24180 with resistance at 1.25410 which both lines are above the weekly pivot point at 1.23680. The EMA of 10 is moving with bearish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving below 50 level, the Stochastic is moving in low ranges and the MACD line is below the signal line in the negative territory. The ADX is showing sell signal.
The support level breakthrough may push the price down towards 1.2280; otherwise GBPUSD will continue its bullish trend towards 1.2590.