The market is only under the influence of Christmas holidays.
The support rests at 1.34040 with resistance at 1.34740 which both lines are above the weekly pivot point at 1.33650. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving in overbought area, the Stochastic is showing upward momentum and MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
While dollar bulls can return to the market soon, long positions are recommended towards 1.353.

gbpusd

gbpusd