GBPUSD Daily Analysis – February 25, 2019

GBPUSD remains in the uptrend from 1.2772, the pullback from 1.3108 is likely consolidation for the uptrend. Further rise could be expected after the consolidation and next target would be at 1.3200 area. Only a breakdown below 1.2967 support could bring the price back towards 1.2850.

GBPUSD 4-hour chart