GBPUSD Daily Analysis – March 15, 2018

GBPUSD stays above a bullish trend line on its 4-hour chart and remains in the uptrend from 1.3711. As long as the trend line support holds, the upside movement could be expected to continue and further rise towards 1.4069 resistance is possible. Only a clear break below the trend line support could trigger another fall towards 1.3550.

GBPUSD 4-hour chart