GBPUSD Weekly Analysis – October 14, 2018

GBPUSD is facing 1.3298 resistance, a breakout of this level could signal resumption of the uptrend from 1.2661, then next target would be at 1.3550 area. Key support is at 1.2921, only a breakdown below this level could bring the price back towards 1.2661 previous low.

GBPUSD daily chart