GbpUsd could be heading to the 1.30 area. On the daily time frame price has broken out of the falling wedge pattern and re-tested the descending trend line. 1.2800 is a critical weekly area of support and resistance for the pair, which is where it looks like it is heading to. I believe if we where to break and close above 1.2800 handle on the daily time frame, then this would give us a good indication that the bulls have taken over. I would like to see a clear break of this zone and a re-test before looking to take this pair long. What you also have to factor as well is the fundamental noise around Brexit at the moment. Although this could be a good technical trade, fundamentals and politics could give some volatility to the markets which may interfere.