USD has been weak over the last recent days and the GBP has gained momentum due to Brexit issue.
The support rests at 1.38570 with resistance at 1.39170 which both lines are above the weekly pivot point at 1.38390. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is rising towards overbought area, the Stochastic is showing upward momentum and MACD line is below the signal line in the negative territory. The ADX is showing buy signal.
Long positions are recommended towards 1.40.

gbpusd

gbpusd