GBPUSD Daily Analysis – February 19, 2018

GBPUSD broke above 1.4066 resistance, confirming that the downside movement from 1.4345 had completed at 1.3764 already. Further rally would likely be seen in the coming days, and next target would be at 1.4300 area. Support levels are at 1.3995 and 1.3935, only break below these levels could bring price back towards 1.3764.

GBPUSD 4-hour chart