The GBPUSD pair is trading within its minor support zone on a 30 minute time frame. This support zone was given in our analysis yesterday. The price is trading well below the 100 day (shown in yellow) and the 50 day (shown in green) moving averages. The volatility for the pair is also increasing as the price is piercing the Bollinger band, and this piercing of a Bollinger band is also taking place at a support zone. The RSI has shown a clear sign of deflection in relation to the price which means bias could be towards the upside.