GBPUSD Daily Analysis – July 30, 2018

GBPUSD is facing 1.3070 support, a breakdown below this level could take the price to next support level at 1.2957. On the upside, as long as 1.3070 support holds, the fall from 1.3213 could be treated as correction for the uptrend from 1.2957 and one more rise towards 1.3300 is still possible after the consolidation.

GBPUSD 4-hour chart