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GBPUSD is unable to break 1.28 to the upside and is continuing to consolidate in the range 1.265 to 1.28. The upcoming brexit talks could produce large volatility. A break and a close above 1.28 or below 1.265 will lead to 1.3 and 1.24 respectively. Stop loss could be large is volatility picks up and should be placed at least 100 pips from the breakout points
iggy_ua's Blog
GBPUSD
GBP is set to decline on a break of the trendline. Brexit is still threatening the currency streangth. Today's worse than expected PMI is another driver for GBPUSD push down.