Sell GBPUSD @ 1.2855. Take profit targets @ 1.2790 and 1.2755
Stop loss @ a close above 1.2900
On the 4 hours chart, the GBPUSD reached the resistance level formed by the resistance/support level formed since last month. Moreover, the pair is showing weakness as the moving average is diverging from CCI which is already in the overbought zone.