GBPUSD Daily Analysis – November 27, 2019

GBPUSD remains in the downtrend from 1.2985. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected to continue and next target would be at 1.2768 support. Key resistance is at 1.2911, above this level could trigger another rise towards 1.3000.

GBPUSD 4-hour chart