GBPUSD Weekly Analysis – October 27, 2019

GBPUSD remains in the uptrend from 1.1958, the pullback from 1.3012 is likely consolidation for the uptrend. Further rise would likely be seen after the consolidation and next target would be at 1.3250 area. Near term support is at 1.2745, below this level could bring the price back to 1.2500 zone.

GBPUSD daily chart