GFK Consumer Confidence data supported GBP.
The support rests at 1.32890 with resistance at 1.33880 which the weekly pivot point at 1.33610 is located in between the lines. The EMA of 10 is moving with bullish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving above the 50 level, the Stochastic is moving in high ranges and MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
Long positions are recommended towards 1.34.

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