GBPUSD Daily Analysis – June 28, 2018

GBPUSD extended its downside movement from 1.3314 to as low as 1.3105, facing the support of 1.3101. A breakdown below this level could signal resumption of the downtrend from 1.3472, then next target would be at 1.3000 area. Resistance is at 1.3200, only a break of this level could trigger another rise towards 1.3400.

GBPUSD 4-hour chart