GBPUSD Daily Analysis – November 26, 2018

GBPUSD failed to break above the falling trend line on the 4-hour chart and pulled back from 1.2927, suggesting that the pair remains in the downtrend from 1.3174. Another fall to test 1.2695 support would likely be seen in the coming days. Only a breakout of the trend line resistance could signal completion of the downtrend.

GBPUSD 4-hour chart