Theresa May negotiations through Parliament regarding the Brexit deal is weighing on GBP.
The support rests at 1.29050 with resistance at 1.29530 which both lines are below the weekly pivot point at 1.30280. 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 moving in 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 sell signal.
The support line seems to be too strong to be broken therefore GBPUSD may try to find some consolidation around 1.30000.
