GBPUSD analysis for 13.12.2017

The lack of fundamental news was keeping GBP quiet, even the strong CPI data could not leave any impact on this currency. Today the US will release FOMC and the inflation data. The support rests at 1.33050 with resistance at 1.33450 which both lines are below the weekly pivot point at 1.34110. The EMA of 10 is moving with bearish bias in the descendant channel and it is above the EMA of 200 and below the EMA of 100. The RSI is moving below the 50 level, the Stochastic is showing upward momentum and MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals. The indicators are showing mixed signals however, the price is moving in lower Bollinger band therefore it will grow to 1.35. https://fxglory.com/gbpusd-analysis-for-13-12-2017/