GBPUSD Daily Analysis – October 21, 2019

GBPUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.2195. As long as the trend line support holds, the upside movement could be expected to continue and next target would be at 1.3150 area. Key support is at 1.2749, only break below this level could signal completion of the uptrend.

GBPUSD 4-hour chart