GBP/USD at Multi-Month Highs Acceptance Above the 1.2500 Level Remains Key

April 05, 2023 at 11:00AM Cable retreated from multi-month highs this morning as support at 1.2449 comes into play. Will US data later provide fresh impetus for further downside or is acceptance above 1.2500 inevitable?

GBP/USD at Multi-Month Highs Acceptance Above the 1.2500 Level Remains Key