There is a high possibility of Brexit deal approval. Balance of Trade will be published in the US.
The support rests at 1.26970 with resistance at 1.27580 which both lines are below the weekly pivot point at 1.27770. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 100 and the EMA of 200. The RSI is moving below the 50 level, the Stochastic is moving in low ranges and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
GBPUSD will be fluctuating within the lower and upper Bollinger bands.
