In the early London session the GBP/USD pair hit a fresh 2018 low at 1.3145, few pips below the current market price. The bearish pressure remains high and a downward acceleration through this point will serve the 1.3000 zone as next bearish target.
The pair is trading almost flat while Brexit negotiation continues going nowhere. The uncertainty is becoming the nature of Brexit negotiation, it continues to give Pound pressure, bearish potential possible targeting 1.30 level.
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The pair is falling indeed, next target is likely at 1.3150.