GBPUSD - Technical Analysis: Wednesday, 17/05/2017 05:03 GMT

The GBPUSD pair moves with calm positivity inside the minor ascending channel, to keep the bullish trend valid for the coming period, noting that the positive effect of the triple bottom pattern still valid, waiting to head towards the positive targets that reach to 1.3077 then 1.3200.

On the other hand, we should note that breaking 1.2860 might force the price to test the most important support to the short term trades at 1.2706 before attempting to return to rise again.