GBPUSD Daily Analysis – June 26, 2018

GBPUSD is now in uptrend from 1.3101, the pullback from 1.3314 is likely consolidation for the uptrend. Further rise could be expected after the consolidation and next target would be at 1.3400 area. Support is at 1.3200, only a breakdown below this level could bring the price back towards 1.3100.

GBPUSD 4-hour chart