Pound is in consolidation. Even the talks in London did not influence the currency much.
The support rests at 1.29900 with resistance at 1.30470 which both lines are above the weekly pivot point at 1.29030. The EMA of 10 is moving with bearish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving below level 50, the Stochastic is showing upward momentum and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
The support line seems too strong to be broken. GBPUSD is targeting the upper Bollinger band at 1.31000.