GBPUSD Daily Analysis – November 14, 2017

GBPUSD is facing 1.3027 support once again. A breakdown below this level could indicate that the downtrend from 1.3657 has resumed, then further decline towards 1.2774 support could be seen. Near term resistance is at 1.3229, a break of this level could take price to 1.3337 key resistance. Above here would aim 1.3470 area.

GBPUSD 4-hour chart