GBP is under pressure of Brexit issue and it also weakened due to the manufacturing data from the UK.
The support rests at 1.32380 with resistance at 1.33500 which both lines are below the weekly pivot point at 1.34370. The EMA of 10 is moving with bearish bias along along the descendant channel but it is above the EMA of 200 and below the EMA of 100. The RSI is moving in oversold area, the Stochastic is moving in low ranges and MACD indicator is in negative territory. The ADX is showing sell signals.
Short positions are recommended towards 1.30.

gbpusd analysis