GBPUSD Weekly Analysis – September 29, 2019

GBPUSD remains in the uptrend from 1.1958, the pullback from 1.2581 would possibly be corrective consolidation for the uptrend. Another rise could be expected after the consolidation and next target would be at 1.3000 area. Support levels are at 1.2170 and 1.1958, only break below these levels could trigger further downside movement towards 1.1700.

GBPUSD daily chart