GBPUSD: Important Decision Ahead Of UK PMIs

↪️GBPUSD is being traded with a positive stance close to approximately 1.2750 in the early hours of Wednesday in Europe. The pair formed a bearish flag which made me bearish bias as it is challenging to experience significant upward movement due to careful trading and the upcoming release of UK PMIs. In terms of positive movement, the pair might encounter a strong obstacle around 1.2755, which seems to act as a significant hurdle.
If the price manages to break through this resistance level, it could explore the vicinity surrounding the 1.2800 mark towards the target above...Trade safely 👍✅️