GBPUSD (1.2768): The GBPUSD currency pair continues its consolidation. However, price action managed to break past the falling trend line and is seen currently pulling back. A retest of the support at 1.2745 could establish the upside if the gains hold at the support. To the upside, this opens the way for GBPUSD to test the previously established resistance level at 1.3088 region potentially.
