GBP/USD Needs to Defend 1.2810/1.2780 Range for Continued Gains
The GBP/USD pair recently approached the last November high at 1.3045, marking an important interim hurdle. According to analysts at Societe Generale, maintaining support around the 1.2810 to 1.2780 range is crucial for sustaining upward momentum. If GBP/USD can hold this level, positive sentiment will likely continue, but any breach could lead to further instability. Traders should watch these levels closely for potential price actions.