GBPUSD Daily Analysis – December 5, 2016

GBPUSD broke above 1.2673 resistance and reached 1.2736. The uptrend from 1.2302 could be expected to continue, and next target would be at 1.2900 area. Support is at 1.2550, only break below this level could bring price back to 1.2300 zone.

gbpusd chart