GBPUSD - Technical Analysis: Thursday, 23/03/2017 06:40 GMT

The GBPUSD pair tested the support ground formed above 1.2430, as the price kept its stability above it, which represents the condition of continuing the bullish trend mentioned yesterday, showing bullish bias now on its way towards our next waited target at 1.2536.

Hence, the bullish trend will remain expected for the coming period, and surpassing 1.2536 will extend the pair's gains to reach 1.2706, while breaking 1.2430 will push the price towards 1.2346 and might reach to 1.2261 again.