GBPUSD Daily Analysis – March 13, 2018

GBPUSD is facing 1.3929 resistance. A breakout of this level would indicate that the uptrend from 1.3711 has resumed, then the following upside movement could take price towards next resistance level at 1.4069. Near term support is at 1.3781, a breakdown below this level could trigger another fall towards 1.3550.

GBPUSD 4-hour chart