GBPUSD Weekly Analysis – June 17, 2018

GBPUSD is facing 1.3204 support, a breakdown below this level will indicate that the downtrend from 1.4376 has resumed, then further decline towards 1.2500 could be seen. Key resistance is at 1.3472, only a breakout of this level could signal completion of the downtrend.

GBPUSD daily chart