GBPUSD (1.3078): The GBPUSD extended sharp declines on Friday. The currency fell on the Brexit negotiations hitting an impasse. However, the technical bias remains to the upside. The current decreases could see the GBPUSD stall near 1.3208 where support is likely to be formed. A rebound off this level will mark a retest of the previously held resistance level. To the upside, 1.3250 will remain a key obstacle. Clearing this resistance could push GBPUSD to further gains
