GBPUSD Daily Analysis – October 31, 2019

GBPUSD extended its upside movement from 1.2788 to as high as 1.2915. Further rise could be expected in the coming days and next target would be at 1.2980 area. Near term support is at 1.2840, below this level could trigger another fall towards 1.2650.

GBPUSD 4-hour chart