FX.co ★ GBPUSD, Day | Potential bullish reversal?

The GBP/USD pair is currently in a bullish trend, positioned above a key ascending trend line suggesting more bullish momentum. The price is predicted to move bullishly towards the 1st resistance level. The 1st support level at 1.2850, being an overlap support, is a crucial line. If the price drops beyond this, the 2nd support at 1.2635, another overlap support, could be significant. On the upward side, the 1st resistance at 1.3237, a past swing high resistance, may pose a challenge to the price's progression