The GBP/USD pair has continued its ascent, reaching the resistance of the bearish channel depicted on the chart, and has begun to show signs of further positivity. However, technical indicators still provide negative signals that might cause a bearish rebound. Currently, a neutral stance is preferred until a clearer signal for the next trend is obtained. A breach of 1.2175 will push the price out of the bearish channel, initiating a bullish correction with a primary target at the 1.2295 areas. Conversely, breaking below 1.2125 will resume the main bearish trend with an initial target of 1.2035.