May is still struggling in negotiating with DUP and SNP. On the other hand, EU has clearly refused any opportunity to re-negotiate. Next week, May will fly to North Ireland and Scotland. The risk of no-deal Brexit is higher than several weeks ago.
The target is 1.2920. Turning point: 1.3050. Under 1.3050, bearish , target price is set at 1.2980, then 1.2920. Above 1.3050, bullish , target price is 1.3100,then 1.3140.
RSI technical indicators are bearish and have a further downward trend.