The GBP/USD chart currently shows bullish momentum with potential for further upward movement towards the 1st resistance. The 1st support at 1.2088 and the 2nd support at 1.2044 are both significant overlap supports, suggesting strong potential support zones. On the resistance side, the 1st resistance at 1.2224 is a pullback resistance, while the 2nd resistance at 1.2291 is a swing high resistance. An intermediate support at 1.2174 could provide additional bullish support.