While GBP has been empowered by leaving the interest rate at 0.1%, the EU-UK trade deal is one of the influential factors for GBPUSD.
The pair is finding support at 1.35040 with resistance at 1.36180 which both lines are above the weekly pivot point at 1.32810. 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 downward momentum. The RSI is moving on level 50 and the MACD is moving in neutral territory. The ADX is not showing any clear signals.
Considering pullbacks on the way, buyers can expect the upper Bollinger band at 1.36500.