Four-hour chart of GBP/USD. The currency pair continues to test the main resistance level (8/8). Now we see an attempt to consolidate above this level, but the overbought zone is resisting with its entire area, so further upward price movement may be accompanied by numerous pullbacks and price movement reversal. Today we can expect an update of yesterday’s trading maximum.

Recommendations: Sell 1.2740 TP 1.2615