GBP/USD Set to Rally: Key Technical Levels and Market Trends to Watch This Week
GBP/USD staged a strong recovery last week, testing key resistance near 1.2860 amid shifting central bank outlooks and improved risk sentiment. With momentum indicators bullish and GBP supported by hawkish BOE signals vs a dovish Fed, watch 1.3000 as the next major target. Support remains around 1.2730 for now. Credit: Original analysis from Action Forex.
