GBPUSD Daily Analysis – April 21, 2017

GBPUSD is in consolidation of the uptrend from 1.2365. Range trading between 1.2700 and 1.2904 is possible in a couple of days. As long as the pair is above 1.2700 support, the uptrend could be expected to resume, and further rise to 1.3000 area is still possible after the consolidation.

GBPUSD chart