GBPUSD Weekly Analysis – September 22, 2019

GBPUSD extended its upside movement from 1.1958 to as high as 1.2581. Further rally is still possible next week and next target would be at 1.2750 area. Near term support is at 1.2390, below this level would indicate that corrective consolidation for the uptrend is underway, then the pair would find next support level at around 1.2150.

GBPUSD daily chart