GBPUSD - Technical Analysis: Friday, 18/08/2017 04:35 GMT

The GBPUSD pair keeps its consolidation above 1.2850 level, showing sideways trades now on its way to test 1.2930 level initially, waiting for more rise in the coming period to head towards 1.3000 then 1.3108 levels as next targets.

Thus, the bullish trend will remain dominant on the intraday and short term basis conditioned by settling above 1.2850.