GBPUSD Daily Analysis – July 25, 2018

GBPUSD is facing the resistance of the falling trend line on the 4-hour chart. A break out of the trend line resistance could trigger further upside move towards 1.3292 resistance. Support is at 1.3065, a breakdown below this level could bring the price back towards 1.2957 previous low.

GBPUSD 4-hour chart