GBPUSD analysis for 18.09.2017

The hawkish BOE and the Brexit issue seem to be supporting GBP. The support rests at 1.35640 with resistance at 1.36920 which both lines are above the weekly pivot point at 1.34480. The EMA of 10 is moving with bullish bias along 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 indicator is in positive territory. The ADX is showing buy signals. Long positions are recommended towards 1.37. https://fxglory.com/gbpusd-analysis-for-18-09-2017/