GBPUSD continues to rise after the earlier breakout of the resistance level 1.25450 (which stopped the previous corrections (iv) and (a), as can be seen below). The breakout of the resistance level 1.25450 accelerated eth (c)- a wave of the ABC correction 2 from June. Given the moderately bullish sterling sentiment seen today – GBPUSD is likely to extend the gains toward the next resistance level 1.28000 (top of the previous correction (2) from the start of June) and the target for the completion of the active wave 2.