The GBP/USD pair ended the trading week at the same notorious level of 1.2938 (Murray 6.8). I believe that the bulls may still push towards the base of the 30th figure and even surpass this resistance. However, despite the technicals indicating a potential continuation of the uptrend, I am almost certain that it has come to its conclusion and it is time to consider short positions, so to speak, in advance. I wouldn't rush to open them. As for the target, I will set it at the support level of 1.2816 (Murray 5.8).
