GBPUSD - Technical Analysis: Thursday, 07/07/2017 02:58 GMT

The GBPUSD pair settles around 1.2970 level after the rise that it witnessed today, and we still waiting for more rise to test the recent top at 1.3046, reminding you that surpassing this level will push the price to 1.3200 on the near term basis.

Overall, the bullish trend will remain valid for the coming period unless pushing on 1.2825 level to break it and settle with a daily close below it.