GBPUSD analysis for 21.12.2017

Despite various economic developments in the US, GBP did not move much. The support rests at 1.33520 with resistance at 1.33790 which the weekly pivot point at 1.33600 is located in between the lines. The EMA of 10 is moving horizontally in the 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 moving in low ranges and MACD line is below the signal line in the negative territory. The ADX is showing sell signal. The indicators are not showing any strong signals therefore the price will be fluctuating within 1.33 and 1.34 areas. https://fxglory.com/gbpusd-analysis-for-21-12-2017/