France opposed the fishing rules of England. The Brexit negotiations put GBP under pressure and it was postponed to the weekend.
The pair is finding support at 1.31670 with resistance at 1.33340 which both lines are below the weekly pivot point at 1.34220. The EMA of 10 is moving with bearish bias in the ascendant channel and it is above the EMA of 100 and 200. The Stochastic is showing downward momentum. The RSI is moving in oversold area and the MACD is moving in negative territory. The ADX is showing sell signal.
The support line seems too strong to be broken after this sharp decline. GBPUSD may try to consolidate around 1.33000.