GBPUSD Daily Analysis – July 12, 2018

GBPUSD remains in the downtrend from 1.3362. Deeper decline would likely be seen in the coming days and next target would be at 1.3000 area. Resistance levels are at 1.3280 and 1.3362, only break above these levels could trigger another rise towards 1.3450.

GBPUSD 4-hour chart