The GBP/USD pair continued its upward trajectory on Tuesday, climbing to near its mid-July highs. Strong bullish momentum, as indicated by the rising RSI and MACD, is driving the pair higher. The pair is trading comfortably above its 20-day SMA, reinforcing the short-term bullish trend.

Immediate resistance is situated at the 1.3100 and 1.3150 levels, which will be crucial for determining the pair’s ability to extend its gains. On the downside, support lies at 1.2900 and 1.2850. A decisive break below 1.2900 could signal a potential trend reversal.