While Eurozone and the US are releasing strong economic data, GBP is still focused on Brexit deal.
The support rests at 1.27890 with resistance at 1.28550 which the weekly pivot point at 1.28350 is located in between the lines. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 100 and the EMA of 200. The RSI is moving on the 50 level, the Stochastic is moving in low ranges and the MACD line is on the signal line in the neutral territory. The ADX is not showing any clear signals.
The resistance level breakout will push the price up towards the upper Bollinger band at 1.29; otherwise, the pair will be fluctuating within the support and resistance area.
