GBPUSD Daily Analysis – September 21, 2018

GBPUSD extended its upside movement from 1.2785 to as high as 1.3298. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and further rise to 1.3350 area is still possible. Key support is at 1.3097, only a breakdown below this level could signal completion of the uptrend.

GBPUSD 4-hour chart