GBPUSD Daily Analysis – September 20, 2018

GBPUSD stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 1.2785. As long as the price is in the channel, the upside movement could be expected to continue and next target would be at 1.3300 area. Key support is at 1.3056, only a breakdown below this level could bring the price back towards 1.2800.

GBPUSD 4-hour chart