While USD and GBP are under pressure due to poor economic data, it seems that the agreement between London and Brussels would never be reached.
The support rests at 1.27090 with resistance at 1.28090 which both lines are above the weekly pivot point at 1.25710. 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 above the signal line in the positive territory. The ADX is showing buy signal.
The support level breakthrough will confirm the bearish trend towards 1.26250; otherwise GBPUSD will be fluctuating within the support and resistance lines.