There are no major economic reports in the US and the UK today so GBPUSD will be under the influence of macroeconomic reports.
The support rests at 1.33040 with resistance at 1.33940 which both lines are above the weekly pivot point at 1.32540. 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 moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is showing weak buy signal.
The support level breakthrough will confirm the bearish trend towards 1.32000 but long term traders can expect the price growth.
