GBPUSD Daily Analysis – November 15, 2018

GBPUSD extended its upside movement from 1.2826 to as high as 1.3071. Further rise is still possible and next target would be at 1.3174 resistance. Support is at 1.2880, only a breakdown below this level could trigger another fall towards 1.2800.

GBPUSD 4-hour chart