GBPUSD technical perspective, any subsequent up-move seems more likely to confront some fresh supply near the 1.2770-80 region and remain capped below at an important horizontal support break-point, now turned resistance near the 1.2800 round figure mark. On the flip side, the 1.2700 round figure mark now becomes immediate support to defend and is followed by the 1.2650 regions, which is broken decisively might turn the pair vulnerable to break below the 1.2600 handles and aim towards challenging the key 1.2500 psychological marks in the near-term.