GBPUSD broke yesterday above key resistance at around 1.2667 shooting higher to the 1.382 projection at 1.2822 and the 200 weekly Moving Average.
Daily and Weekly RSI is positive with no divergence strongly indicating GBPUSD to move higher.
Next key level is 0.786 retracement of the 2022 sell-off and resistance at around 1.3027.
That level is also 2.0 projection of the recent correction.
A close above 1.3030 is likely to push GBPUSD higher towards 2022 peak level around 1.3750
To reverse the uptrend in GBPUSD short and medium-term a close below 1.23 is needed.