GBPUSD Daily Analysis – May 21, 2018

GBPUSD is facing 1.3451 support. A breakdown of this level would suggest that the downside movement from 1.4376 has resumed, then next target would be at 1.3350 area. Key resistance is at 1.3617, only a breakout of this level could signal completion of the downtrend.

GBPUSD 4-hour chart