GBPUSD - Technical Analysis: Wednesday, 02/08/2017 07:28 GMT

The GBPUSD pair shows sideways trades since yesterday and settles around 1.3200 level, and the bullish trend still valid as long as the price is above 1.3125, while the price needs to get positive momentum that helps it to continue the main rise.

Our next target is located at 1.3350, while breaking 1.3125 will push the price to test 1.3030 before turning back to rise again.