GBPUSD Daily Analysis – August 30, 2019

GBPUSD is now in the downtrend from 1.2309, further decline would likely be seen in a couple of days and next target would be at 1.2060, followed by 1.2000. Resistance is at 1.2250, above this level could trigger another rise towards 1.2400.

GBPUSD 4-hour chart