Pair's reversal from the low of 1.2377 (near descending trend line support) followed by a move back above the 50-DMA and 100-DMA level of 1.2419 suggests the retreat from the high of 1.2616 has ended and the spot could revisit 1.25 levels.
Moreover, Pound is likely to cheer Brexit clarity.
On the downside, only a daily close back inside the falling channel would signal trend reversal