GBP/USD edging a little higher today- is there more of a rebound to come?

Since yesterday the Pound has been pushing slightly higher, but it has certainly taken some modest US dollar weakness to deliver a move closer to the 1.27 handle for the GBP/USD. The next resistance levels of note could be the November 15 high, at 1.2697 and after that, the November 14 high, at 1.2720. Looking at the daily charts this is corrective and not dynamic at this stage and we should remember; that more determined resistance might lie in wait higher up. That is because the GBP/USD is still camped well south of the 200 day moving average (in place now at 1.2820) that is busted below on November 12. The range seen so far today has been covered by 1.2666 to 1.2689. The GBP/USD closed last night at 1.2678 and it is currently trading at 1.2678