GBP/USD: resistance waiting for bulls
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There's a possible "V-Bottom" pattern, so the market is likely going to rise towards resistance at 1.3023. At the same time, there's an opportunity to have a downward correction later on, so we should keep an eye on support at 1.2945 as an intraday target.
The pair is consolidating between resistance at 1.2995 and support at 1.2945. Nevertheless, bulls are likely going to test the closest resistance at 1.2995 - 1.3023. If a pullback from this area happens, we could have a decline in the direction of support at 1.2952 - 1.2935.