GBPUSD Weekly Analysis – March 16, 2019

GBPUSD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.2396. As long as the trend line support holds, the upside movement could be expected to continue and next target would be at 1.3600 area. Key support is at 1.2960, only a breakdown below this level could bring the price back towards 1.2500.

GBPUSD daily chart