GBPUSD Weekly Analysis – November 3, 2018

Being contained by 1.2661 support, GBPUSD rebounded from 1.2695. Further rise would likely be seen and next target would be at 1.3298 resistance. Near term support is at 1.2850, only a breakdown below this level could trigger another fall to test 1.2661 support.

GBPUSD daily chart