As the MACD is showing the start of an UP Curve, the GBPUSD market shows a short term bull trend and holds potential for a move to 1.2980. A breakout close beyond 1.3030 could spark rallies ⇒ 1.3090 - 1.3140. Corrective dips and congestion holding 1..2852 should maintain the bull alignment.

R2         1.2980
R1         1.2938

 
S1          1.2894
S2          1.2852