The Brexit talks along with the UK economic reports are not supporting GBP.
The support rests at 1.28250 with resistance at 1.29290 which both lines are below the weekly pivot point at 1.30350. The EMA of 10 is moving with bearish bias in the descendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is moving in oversold area, the Stochastic is moving in low ranges and the MACD line is below the signal line in the negative territory. The ADX is showing sell signal.
GBPUSD is most probably falling down along Andrews’ Pitchfork towards 1.2756 then buyers can return to the market.

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