The Brexit process and the UK PM May have been the most influential factors for GBPUSD.
The support rests at 1.34940 with resistance at 1.35280 which both lines are below the weekly pivot point at 1.35380. The EMA of 10 is moving horizontally in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving on 50 level, the Stochastic is moving in middle ranges and MACD line is on the signal line in the neutral territory. The ADX is not showing any clear signals.
GBPUSD is moving in a very tight range within the lower and upper Bollinger bands, the support level breakthrough will push the pair down towards 1.34; otherwise, the correction pattern will start targeting 1.36.