The GBP / USD exchange rate continues to trade so far to settle around the 1.3070 level, and its stability above this level is positive and may be the reason for further bullishness.
Technical indicators support the possibility of a bullish correction. However, the bullish correction will depend on the price later to break through the 1.3170 level, and breach of this level might be the catalyst for further upside. From the bottom, a break of 1.3020 will be a reason to thwart any attempt to rise.
Trend: The pair is trading above 1.3070 targeting the 1.3170 level as far as 1.3020 is intact