GBP/USD Technical Analysis: Looking for lift, but bidders remain off-balance

• The GBP/USD pairing is trading just shy of the 1.2900 handle, a level that Sterling bulls are focused on as they try to shrug off Brexit angst and regain bullish control of the GBP/USD, but intraday action sees the pair remaining constrained within the low end despite multiple runs above 1.2900.
• GBP/USD has a clear range amid the Brexit endgame, jobs report — Confluence Detector

GBP/USD M5

• Recent weeks have seen the GBP/USD slip into a bearish stance, with the current week's action forming a disconnected island chart pattern off of the week's opening bearish gap, and upside momentum is seeing challenges from the 50-period moving average.

GBP/USD M30

• The past two months have left the Cable spiraling in a rough sideways range, and with technical indicators picking up from oversold levels, any bullish momentum will see resistance from the 38.2% Fibo retracement level at 1.2960.

GBP/USD H4