GBPUSD extended its upside movement from 1.2772 to as high as 1.3287, breaking above 1.3217 resistance. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next target would be at 1.3400 area. Near term support is at 1.3190, a breakdown below this level could bring the price back towards the trend line.
