The economic reports in Eurozone put EUR under pressure on Friday. The British pound is at overbought levels.
The pair is finding support at 1.36330 with resistance at 1.37590 which the weekly pivot point at 1.36490 is located in between the lines. The EMA of 10 is moving horizontally in the long term 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 on level 50 and the MACD is moving in positive territory. The ADX is showing buy signal.
While considering pullbacks on the way, GBPUSD is growing towards 1.37600.
