UK’s consumer credit declined less than expected.
The support rests at 1.21980 with resistance at 1.24350 which both lines are above the weekly pivot point at 1.21360. The EMA of 10 is moving horizontally in the ascendant channel and it is below the EMA of 200 and above the EMA of 100. The RSI is moving above 50 level, the Stochastic is moving in middle ranges and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
GBPUSD is falling down towards the lower Bollinger band at 1.20000.

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