Watch Out For A GBP/USD Breakout Or A Reversal At 1.25

The pair reached 1.24716 and although it looked like the divergence between three highs on the 15M time frame would have the expected result, that is, the pair would start dropping, nothing of that sort happened.
GBP/USD continued rallying and at the moment it is trading slightly below 1.25.

1.25 is, however, a strong resistance level, so I don’t think that the pair can break above it and remain above without forming at least a small correction.

So the possibility for the divergence to deepen and for the pair to start dropping isn’t completely out of the question yet.

On the other hand, in case the pair breaks above 1.25 and remains above that level the next strong resistance level is at 1.28.