GBPUSD Daily Analysis – April 20, 2017

GBPUSD remains in uptrend from 1.2365, the fall from 1.2904 is likely consolidation of the uptrend. Further rise is still possible after the consolidation and next target would be at 1.3000 area. Support levels are at 1.2755 and 1.2700, as long as these levels hold, the uptrend will continue.

GBPUSD chart