The UK released manufacturing and services PMIs.
The support rests at 1.28110 with resistance at 1.29300 which the weekly pivot point at 1.28670 is located in between the lines. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving in oversold area, the Stochastic is moving in low ranges and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
The price has reached the lower Bollinger band, buyers can expect a price growth towards 1.29800.