Sterling gains as bulls remain in charge
The Pound Sterling gained 0.04% against the US Dollar, trading at 1.2703. The GBPUSD pair cleared resistance levels and momentum favors buyers, but downside risks remain. To continue bullish, GBPUSD must stay above 1.2700, with resistance at 1.2803 and 1.2893. If the price falls below 1.2700, it could retest support levels at 1.2634, 1.2594, and 1.2584.