Retail Sales with Auto Fuel data will be released in the UK and the US will publish Durable Goods Orders.
The support rests at 1.22970 with resistance at 1.24030 which both lines are below the weekly pivot point at 1.25210. The EMA of 10 is moving horizontally in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is falling below 50 level, the Stochastic is moving in low ranges and the MACD line is above the signal line in the positive territory. The ADX is not showing any clear signals.
GBPUSD may fall towards the lower Bollinger band at 1.22550.