GBPUSD Daily Analysis – October 9, 2018

GBPUSD remains in the uptrend from 1.2921, the pullback from 1.3132 is likely correction for the uptrend. A break of 1.3132 resistance could trigger another rise towards 1.3250. Near term support is at 1.3025, only a breakdown below this level could bring the price back towards 1.2800.

GBPUSD 4-hour chart