GBPUSD Daily Analysis – June 4, 2018

GBPUSD’s bounce from 1.3204 extended to as high as 1.3361. Further rise could be expected in a couple of days and next target would be at 1.3400, followed by 1.3617. Support levels are at 1.3250 and 1.3204, only break below these levels could trigger another downside movement towards 1.3000.

GBPUSD 4-hour chart