The GBP/USD will take the bids near the 1.2565 according to the Tokyo session on Wednesday. The cable pair will be crossed at the level 61.8% according to the Fibonacci retracements of the March month the will move previously. It will reach the Bulls and stopped the EMA 200 day around the multi-day top.
The buyers aim for the June 16 High of 1.2688 that will immediately stop before going to the peak on the surrounding 1.2815.
The GBP/USD will be previously closed at the level 1.2540 and the support and the resistance level for the pair will be 1.2537 and 1.2563.