GBPUSD - Technical Analysis: Monday, 14/08/2017 04:40 GMT

The GBPUSD pair begins the breaching process to 1.3000 now, indicating the price attempt to achieve some gains on the intraday basis, to head towards expected test to 1.3108 level in the coming period.

Thus, the price might witness temporary rise, waiting to return to the resume the correctional bearish trend again, noting that breaking 1.3000 and trading below it again will push the price to head towards our waited targets that begin at 1.2930 then 1.2850.