The UK negotiation with European Union is meeting a failure.
The support rests at 1.26510 with resistance at 1.27620 which both lines are above the weekly pivot point at 1.25760. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving in overbought area, the Stochastic is moving in high ranges and the MACD line is below the signal line in the negative territory. The ADX is showing weak buy signal.
While the bullish pressure remains, buyers can target 1.27700.