GBPUSD is still under the influence of Brexit.
The support rests at 1.25280 with resistance at 1.25800 which both lines are above the weekly pivot point at 1.24460. The EMA of 10 is moving with bullish bias along the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is falling towards the 50 level, the Stochastic is moving in its low rates and the MACD indicator is in positive territory. The ADX is showing buy signals.
GBPUSD will continue its upward trend along the ascendant channel targeting 1.26.

gbpusd analysis