GBP/USD Analysis: Bullish Momentum Continues to Drive the Pound Higher

The GBP/USD pair shows strong bullish momentum, aiming toward target levels of 1.2725 and 1.2810. The Pound is currently maintaining its advance while intraday support levels are set around 1.2860 and between 1.2680 and 1.2715. These levels could help sustain the upward trend towards new highs.

Traders should remain vigilant as the bullish trend is expected to continue. If the Pound holds firm above these support levels, there may be opportunities for further gains. The market is responsive to economic data releases that could impact currency values.

Overall, the outlook for GBP/USD remains optimistic as long as it sustains above key support levels. Bullish traders should consider positioning themselves for potential moves towards 1.3050 and beyond.