GBPUSD - Technical Analysis: Tuesday, 15/08/2017 04:30 GMT

The GBPUSD pair returned to decline again and head towards 1.2930 that represents our first target, to keep the bearish trend expected for the coming period, reminding you that breaking this level will push the price to the next target at 1.2850.

We should note that surpassing 1.3000 will push the price to start recovery attempts on the intraday basis, to head towards testing the most important resistance to the short term trades at 1.3108.