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GBP/USD edges back from a look above 1.2700
The slide in the dollar yesterday afternoon, which extended all the way to the US close last night saw the GBP/USD consolidate its gains above 1.26 and above another technical level at 1.2632. The Pound closed last night at 1.2685. Earlier today it had a brief look above 1.27. The high seen was set at 1.2701, but it has edged back from that high now, as the USD/JPY pushes a little higher, back above 154 just now. The low seen so far this morning on the GBP/USD has been set at 1.2678. The GBP/USD is currently trading at 1.2681
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