The Brexit negotiations is weighing on GBP.
The support rests at 1.31520 with resistance at 1.32020 which the weekly pivot point at 1.31750 is located in between the lines. The EMA of 10 is moving horizontally in the horizontal channel and it is above the EMA 200 and the EMA of 100. The RSI is moving on 50 level and the Stochastic is showing downward momentum. The MACD line is below the signal line in the negative territory. The ADX is showing weak sell signal.
GBPUSD may continue its decline towards 1.31000.
