The Fed’s rate hike along with the Fed Chief Powel’s speech supported GBPUSD.
The support rests at 1.41440 with resistance at 1.41810 which both lines are above the weekly pivot point at 1.39260. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is moving in overbought area, the Stochastic is moving in high ranges and the MACD indicator is in positive territory. The ADX is showing buy signal.
GBPUSD will continue its bullish trend towards 1.428.

gbpusd

gbpusd