CBI retail sales volume balance will be released in the UK and Unemployment Claims, Continuing Claims and Goods Trade Balance will be published in the US.
The support rests at 1.23710 with resistance at 1.24310 which both lines are below the weekly pivot point at 1.24610. 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 below level 50, the Stochastic is moving in low ranges and the MACD line is below the signal line in the negative territory. The ADX is showing sell signal.
GBPUSD is falling towards toward the lower Bollinger band at 1.23720.