GBPUSD Daily Analysis – December 17, 2019

GBPUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2822. As long as the price is above the trend line, the pullback from 1.3514 could be treated as consolidation for the uptrend, and further rise to 1.3550 area is still possible. Only break below the trend line support could signal completion of the uptrend.

GBPUSD 4-hour chart