GBPUSD Daily Analysis – April 22, 2019

GBPUSD extended its downside movement from 1.3381 to as low as 1.2978, facing 1.2960 key support, a breakdown below this level could trigger further downside movement towards 1.2800. Resistance is located at the bearish trend line on the 4-hour chart, only a clear break above the trend line resistance could signal completion of the downtrend.

GBPUSD 4-hour chart