GBPUSD
Despite the BoE's statements that "high interest rates will remain for a longer period," the inability to maintain a position above 1.30041 (Resistance 2) limits the upside potential. Fundamentally, the UK's fight against inflation continues to shape positively according to expectations. Reactions that may occur at the level of 1.29551 (Resistance 1) could create opportunities for short positions targeting 1.27974.
Support :
1.28724 1.28387 1.27974
Resistance :
1.30455 1.30041 1.29551