As the Brexit event and its outcomes which weigh on GBPUSD pair future. Technically pair trading below 20 day SMA and price rejection around 1.2700 level clear indication of pair’s strength how weak. If pair trades below 1.2607 it can slide till 1.2570 to 1.2530.On other side if trade above 1.2700 it can rise to 1.2750-1.2770.