GBP/USD Forecast: Pound Sterling could encounter stiff resistance at 1.2700 – FXStreet

The Pound Sterling’s outlook against the US Dollar suggests it may face strong resistance around the 1.2700 level. This means that the GBP/USD pair could struggle to move above this key point in the near future. Traders should keep a close eye on how the exchange rate behaves around this level, as it could provide important clues about the direction of the currency pair. Overall, the Pound Sterling’s performance against the US Dollar is likely to be closely watched by investors in the coming days.