GBPUSD Daily Analysis – April 23, 2018

GBPUSD extended its downside movement from 1.4376 to as low as 1.3990, facing the support level at 1.3965. A breakdown below this level could trigger further downside movement towards 1.3800. Resistance is at 1.4090, only break above this level could take the price back towards 1.4150.

GBPUSD 4-hour chart