Cable shows some fresh life in foray back above 1.29

No headline catalyst behind the move
The US dollar is under some modest pressure but aside from that, there is no clear reason for the latest pop in GBP/USD.
The pair ran some stops above yesterday’s post-vote high of 1.2905 and continued to inch forward. We’re now at the 50% retracement of yesterday’s range. Watch 1.2940 resistance