GBPUSD Daily Analysis – December 13, 2019

GBPUSD’s upside movement from 1.2822 extended to as high as 1.3514. Further rise is still possible after a minor consolidation and next target would be at 1.3550 area. Near term support is at 1.3350, below this level could bring the price back towards the rising trend line on the 4-hour chart.

GBPUSD 4-hour chart