Yesterday the Brexit issue put GBP under pressure. Today Inflation Rate will be published in the UK and the US will release Balance of Trade.
The support rests at 1.30200 with resistance at 1.30680 which both lines are below the weekly pivot point at 1.30770. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA 100 and the EMA of 200. The RSI is falling towards oversold area and the Stochastic is moving in low ranges. The MACD line is below the signal line in the negative territory. The ADX is showing weak sell signal.
GBPUSD may continue its bearish trend towards 1.30000.