The UK reports are mainly about the quarantine, vaccine and Corona-related issues. According to the last COT reports, professionals are buying at this time.
The pair is finding support at 1.35470 with resistance at 1.36520 which the weekly pivot point at 1.35820 is located in between the lines. The EMA of 10 is moving horizontally in the long term ascendant channel and it is above the EMA of 200 and the EMA of 100. The Stochastic is moving in high ranges. The RSI is moving on level 50 and the MACD is moving in neutral territory. The ADX is not showing any clear signals.
As long as the bullish pressure remains buyers can expect 1.37000.
