FxWirePro: GBP/USD positions for another climb, eyes 1.2600 level

• GBP/USD hit one week high on Tuesday as dollar eases amid uncertainty over President-elect Donald Trump's tariff plans.

• This week, attention turns to December's U.S. nonfarm payrolls report on Friday, a key indicator for assessing the Federal Reserve's 2025 rate trajectory.

•On the data front, activity in Britain's construction industry grew at the slowest pace in six months in December, while British house prices dropped unexpectedly last month for the first time since March.

• The pair hit daily high at 1.2574 and was last trading at 1.2533 at (GMT 12:39).

•   Immediate resistance is located at 1.2604( 50%fib), any close above will push the pair towards 1.2666(Dec 19th high)

•  Strong support is seen at 1.2409(38.2%fib) and break below could take the pair towards 1.23640(23.6%fib).

  Recommendation: Good to buy around 1.2520 with stop loss of 1.3060 and target price of 1.2600