The pound-to-dollar exchange rate fell after failing to hold on to gains above the resistance level of 1.37100, and it is now trading below the support level of 1.36900. If the pound-to-dollar exchange rate falls down below 1.36900, it will find support around 1.36650. Recent trading sessions have put pressure on this support level, and it has held.
The support rests at 1.36960 with resistance at 1.37230. The pivot point at 1.37060 is located above the price line. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below EMA of 200 and the EMA of 100. Stochastic is moving toward the oversold area. The RSI is moving in low ranges and the ADX is moving horizontally and not showing a clear signal. The MACD histogram is in positive territory.

• There is resistance at 1.37230, followed by resistance at 1.37330 and 1.37500.
• There is support at 1.36960. Below, there is 1.36790 and 1.36690.

Note: We do not suggest any investment advice, and these analyses are just to increase the traders’ awareness but not a certain instruction for trading.