The UK employment data along with the Brexit are supporting GBP against the weak USD.
The support rests at 1.29310 with resistance at 1.29750 which both lines are above the weekly pivot point at 1.28500. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA 100 and the EMA of 200. The RSI is moving above the 50 level and the Stochastic is moving in high ranges. The MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
GBPUSD may continue its bullish trend towards 1.30.
