GBPUSD Daily Analysis – April 10, 2019

GBPUSD is forming a triangle pattern on the 4-hour chart. Another rise towards the upper border of the pattern would likely be seen in the coming days. Resistance is at the falling trend line, a breakout of this trend line could trigger further upside movement towards 1.3400. Support is at the rising trend line, a breakdown below this trend line support could take the price to 1.2800.

GBPUSD 4-hour chart