GBPUSD daily chart The UK raised interest rates by 0.25 as expected, and the pound began to fall from the upper resistance of 1.266 and closed at 1.25144. 1.266 failed to break through in the last three days to form an obvious resistance. The lower support is around 1.247, which is about 40 points away from the current price. MACD shows that the upward trend of GPBUSD is very weak, and it is possible to retry the support near 1.247 in the future. 1.24 to 1.247 is an important threshold. It has hovered in this range many times before and failed to fall. If it fails to hold, it may open up about 200 points of downside.