GBPUSD watch for the pullback

GBPUSD hit a fresh weekly high of 1.3625 after the BoE announced an expected 25 bps rate hike. The next key resistance to watch is 1.3660 and 1.3700. On the downside, the decline is more extensive, and it will be hard to rule out a run towards 1.3510 and 1.3440 if the buyers failed to hold the upside momentum.