币界网报道：GBPUSD is trading above the 2025 high at 1.36314 and above the February 2022 high at 1.3644, with the most recent peak reaching 1.3648. Buyers are gaining momentum and as momentum builds, the focus now turns to the next major resistance level on the weekly chart (see chart above). The key upside target is the 50% retracement of the decline from the 2014 high to the 2022 low, which is located at 1.37683. Notably, the January 2022 high of 1.37479 stalled below this midpoint, further cementing its importance as a resistance zone. On the downside, support now lies at 1.36158–1.36338, an area defined by the swing high from June 5 (see red numbered circles in the chart below). As long as the price remains above this area, the bullish bias remains and buyers remain in control. A break below this area will disappoint those who bought on the breakout higher.