Yesterday as the US dollar weakened, GBP gained momentum.
The pair is finding support at 1.35010 with resistance at 1.36150 which both lines are above the weekly pivot point at 1.34680. 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 Stochastic is moving in high ranges. The RSI is moving in overbought area and the MACD is moving in positive territory. The ADX is showing buy signal.
Long positions are recommended towards 1.36200.

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