The GBPUSD currency pair recently broke the major resistance zone between 1.2530 and the 61.8% Fibonacci level. This resistance has flipped prices since early January. Traders are keen to observe whether this breakout leads to sustained upward momentum. Such movements often attract significant speculative interest and can indicate larger market shifts. Understanding these technical aspects is crucial for those navigating the forex landscape. Keep an eye on upcoming market indicators as they may influence future price action.