GBP/USD has successfully broken support at 1.3088 (12/10/2017 low) before bouncing back. Resistance lies at (1.3229 reaction high). Expected to show further weakness towards support at 1.3027 (06/10/2017 low).
The long-term technical pattern is reversing. The Brexit vote had paved the way for further decline. Long-term support can be found at 1.1841 (07/10/2017 low). Long-term resistance given around 1.35 is at stake and indicates a long-term reversal in the negative trend. Yet, it is very unlikely at the moment.