GBPUSD - Technical Analysis: Thursday, 14/07/2017 03:47 GMT

The GBPUSD pair rises calmly to head gradually towards our first target at 1.3046, waiting for more rise today, especially after confirming the stability of 1.2825 level against the recent negative pressure.

We remind you that surpassing the mentioned target will lead the price to extend its gains towards 1.3200 as a next target, while breaking 1.2825 will put the price under the correctional bearish pressure again, which its next target located at 1.2688.