GBPUSD Daily Analysis – July 24, 2019

GBPUSD continued its sideways movement in a trading range between 1.2381 and 1.2578. Another fall to test 1.2380 support could be expected, a breakdown below this level could take the price to 1.2300 zone. Near term resistance is at 1.2480, above this level could trigger another rise towards 1.2578.

GBPUSD 4-hour chart