GBPUSD Weekly Analysis - July 13, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 13 July 2014 05:06 UTC
GBPUSD remains in uptrend from 1.4813 (Jul 9, 2013 low), further rise is still possible after a minor consolidation, and next target would be at 1.7500 area. Support is at 1.7030, followed by the upward trend line on daily chart, only a clear break below the trend line support could signal completion of the uptrend.

gbpusd chart

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