In ongoing European trading hours, the GBP/USD pair has slipped back to approximately 1.3230. Following significant developments, the US dollar gained traction after positive progress in trade negotiations between the United States and Japan. This dynamic is crucial for traders to observe as market sentiment shifts. Although the pair previously rallied, maintaining momentum proves challenging at this current level. Traders should be prepared for potential volatility as new economic data surfaces.

Monitor the situation closely to gauge further price actions. This resistance point will be key in determining the next movements of the GBP/USD currency pair.