GBPUSD Daily Analysis – March 30, 2018

GBPUSD extended its downside movement from 1.4244 to as low as 1.4010. Further decline could be expected in a couple of days and next target would be at 1.3889 support. Near term resistance is at 1.4130, only break above this level could trigger another rise towards 1.4345 (Jan 25 high).

GBPUSD 4-hour chart