If this market breaks below the lower line of triangle next area of support is Feb22 low (1.3860) and the 1.3850 handle, tested multiple times mid Feb as support. Break below here could generate intraday set ups, next support 1.38 handle and low point of Feb09 (1.3760). Interesting intraday technical point 1.3905 & 1.39 handle tested Feb21 & Feb23 as support, was also the low point of the flash crash last Friday. Before i get too on this market I'd like to see the 1.39 handle break to the downside and also take out the Feb22 low.
Mrs .May brexit speech on Friday, second speech out of two going in to March EU leaders summit. Any brexit related rumors or headlines GBPUSD still very sensitive too.
No real UK economic data releases this week, although US GDP Wednesday & US ISM on Thursday. Any other surprise news releases released could also change the picture as always