GBPUSD Daily Analysis – November 21, 2019

GBPUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.2768. As long as the channel support holds, the upside movement could be expected to continue and next target would be at 1.3012 resistance, followed by 1.3100 area. Key support is at 1.2886, a breakdown below this level could bring the price back towards 1.2750.

GBPUSD 4-hour chart