GBP/USD lies within a bullish trend. Hourly resistance is given at 1.3159 (27/07/2017 high). Hourly support is given at 1.2933 (20/07/2017 low). Expected to show continued bullish pressures.
The long-term technical pattern is even more negative since the Brexit vote has paved the way for further decline. Long-term support given at 1.0520 (01/03/85) represents a decent target. Long-term resistance is given at 1.5018 (24/06/2015) and would indicate a long-term reversal in the negative trend. Yet, it is very unlikely at the moment.