GBPUSD Daily Analysis – July 18, 2018

GBPUSD is facing 1.3049 support, a breakdown below this level could take the price towards 1.2900. Resistance is at 1.3190, a breakout of this level could indicate that the downside movement from 1.3292 is complete, then another rise towards 1.3400 could be seen.

GBPUSD 4-hour chart