The pound rallied after the news that Brexit deal is real. We believe that positive sentiments should dominate in the coming sessions today.
The main scenario is a bounce off the area 1.2610.
An alternative scenario is a further decline towards the 1.2570 support.
Buy the pound to 1.2650 when the pair bounces upwards from 1.2610.
Sell the currency pair towards 1.2570 when the price overcomes 1.2620.