The currency pair went upwards last week due to USD’s decline. There are almost no reasons for GBP to rise, UK Prime Minister still supports the idea of “Anyway Brexit” until October 31, 2019.

The currency pair failed to stay below 1,2108. GBP/USD is likely to grow towards 1,2372. However, some experts believe that the currency pair is in correction currently and will develop its downtrend in the nearest future.