The British pound is getting stronger.
The support rests at 1.29680 with resistance at 1.30170 which both lines are below the weekly pivot point at 1.31340. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 100 and above the EMA of 200. The RSI is rising towards 50 level, the Stochastic is showing upward momentum and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
GBPUSD may be growing towards 1.30600.
