Pound/dollar - now where?

The growing prospect of a "Brexit without a deal" leaves GBP bulls away from the beginning of the week.
The comments of this kind supported some streams to safe havens such as the Japanese yen and the Swiss franc and proved to be one of the key factors for the sale of pounds. All this uncertainty surrounding the Brexit process continues to weigh on the striling, which in recent days has fallen away from most of its major competitors.
The bad series of the British currency continued for the 5th consecutive day and the previous lowest GBP/USD value for the year - 1.2919 was pierced. Almost immediately after this breakthrough, the cable tested 1.2900. Eventually disembarking underneath it can trigger stop orders and another sharp drop down. Especially in the absence of strong support.
The nearest level GBP can count on is about 1.2852, bottom since the end of August last year, after which the bears are likely to look at the nearly 14-month minimum 1.2774. On the other hand stabilization here and rising above the psychological 1.30 will give a sip of air to buyers who can look at 1.3049.
Still, overall, the picture around the British pound remains extremely sensitive to the news about Brexit. It is precisely the development of the UK-EU split negotiations that remain the main driver for couples including the GBP.