The GBP/USD exchange rate recently reached a four-month high, testing the psychological barrier of 1.3000. However, despite an optimistic foray above this level, the pair faced selling pressure, pulling it back below the key resistance.

Traders are closely watching to see if this resistance will be breached, especially given the ongoing discussions regarding central bank policies. A clear break above this level could signal a shift in momentum for the currency pair, while a failure to do so may reinforce prevailing trends.