GBP/USD is losing some ground as traders react to U.S. economic data. From the technical point of view, GBP/USD continues its attempts to settle above the resistance at 1.2935 – 1.2950.
If GBP/USD manages to settle above the 1.2950 level, it will head towards the resistance level at 1.3050 – 1.3070.
GBP/USD 130325 4h Chart