GBPUSD - Technical Analysis: Tuesday, 19/12/2017 07:24 GMT

The GBPUSD pair approach to the ascending channel's support indicates the price head to bounce to the upside and resume the main bullish trend, and surpassing 1.3430 will confirm the continuation of the bullish trend.

On the other hand, breaking 1.3265 will stop the expected rise and put the price under more negative pressure on the longer term basis.