The GBP/USD trades around recent highs of 1.6125, despite a slightly higher inflation reading in the UK earlier today, mounted on general dollar weakness. Talks the US fiscal cliff negotiations will come to a positive end help risk appetite to improve these days, and Pound slowly advances towards the year high, set at 1.6308. Steady gains above 1.6225 will likely see the pair advancing firmly, with not much in the way until 1.6270 static resistance area, as per several daily highs from past
