Accompanied by the current bearish outlook stemmed by Brexit and Theresa May's poor attempt at handling negotiations. GBPUSD has been in a sustained downtrend with a rising wedge forming indicating that the downtrend will continue. You can find entry points at 1.26600 (orange line) which is a significant level for a break and retest of this market structure. Will expect it to hit 1.26 at the least before any major reversal.