GBPUSD Daily Analysis – July 4, 2018

GBPUSD is facing 1.3213 resistance. A breakout of this level could trigger further upside movement to test 1.3314 resistance. Support is at 1.3049, a breakdown below this level could signal resumption of the downtrend from 1.3472, then the following downside movement could take the price into 1.2900 zone.

GBPUSD 4-hour chart