GBPUSD Daily Analysis – September 19, 2019

GBPUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.1958. As long as the channel support holds, the uptrend could be expected to continue and next target would be at 1.2600 area. Key support is at 1.2392, a breakdown below this level could bring the price back to 1.2265 area.

GBPUSD 4-hour chart