The Federal Reserve decision regarding the interest rates is the most influential event for GBPUSD along with the Brexit issue.
The support rests at 1.34950 with resistance at 1.35390 which both lines are above the weekly pivot point at 1.34480. The EMA of 10 is moving with bearish bias in the ascendant channel but it is above the EMA of 200 and the EMA of 100. The RSI is moving above the 50 level, the Stochastic is showing upward momentum and MACD indicator is in positive territory. The ADX is showing weak buy signals.
While considering pullbacks on the way, buyers can target 1.37.

gbpusd analysis