The British Pound declined yesterday while the Americans were celebrating Memorial Day.
The support rests at 1.32850 with resistance at 1.33430 which both lines are below the weekly pivot point at 1.33610. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is falling towards the oversold area, the Stochastic is moving in low ranges and MACD line is above the signal line in the positive territory. The ADX is showing weak sell signal.
The downward trend will continue towards 1.30.

gbpusd