Today, the GBP/USD pair has attracted some buying activity after a modest downward gap opened below 1.2200 on the first day of the new week, bouncing back near the weekly high reached on Friday. The price is currently trading around the 1.2220-1.2225 range and still depends on the price momentum of the US Dollar (USD).
Resistance levels: 1.223, 1.226 Support levels: 1.212, 1.206