GBPUSD Daily Analysis – February 26, 2020

GBPUSD extended its upside movement from 1.2848 to as high as 1.3017. Further rise could be expected and next target would be at 1.3100. Support is at the rising trend line on the 4-hour chart, a breakdown below the trend line support could trigger another fall towards 1.2800.

GBPUSD 4-hour chart