British Pound Targets 1.2740 Resistance

The British pound is looking to extend yesterday's gains. If the upward momentum continues today, the first resistance level to watch would be 1.2740. Above this level, 1.2770 and 1.2800 would be the next levels to watch. However, if the movement turns downwards, the levels to watch below 1.2690 would be 1.2660 and 1.2630 respectively.